Read on Twitter
I can't believe I'm about to do this
Under Randall, AT&T spent $40B in buybacks and $240B in capex. For the first time ever, analysts are questioning VZ's network superiority
His tenure is a disaster of M&A and strategery, capex and debt driven buybacks were not the problem.
Under Randall, AT&T spent $40B in buybacks and $240B in capex. For the first time ever, analysts are questioning VZ's network superiority
His tenure is a disaster of M&A and strategery, capex and debt driven buybacks were not the problem.
Yes, AT&T will almost certainly cut its dividend.
Yes, AT&T will almost certainly be broken up because its current configuration makes no sense.
But that is because it levered up to buy secularly declining businesses. Full stop.
Yes, AT&T will almost certainly be broken up because its current configuration makes no sense.
But that is because it levered up to buy secularly declining businesses. Full stop.
