AT&T's long-time investment bank, Goldman Sachs, had their top activism banker Steven Barg poached by none other than Elliott Management last month. This guy knows T like no other!!! . BIG BIG TROUBLE FOR RANDALL and da BOARD! Elliott... — read more
What are the odds that At&t will sell its wireline?
Opinions please. How likely a scenario to see At&t sell its wireline assets like Verizon did ? Who would buy ? Frontier is broke. Maybe google , amazon? Maybe no one buys. I imagine more likely it would be purchased by a well funded group of private... — read more
Collaboration zone meant T wants you to die DRIVING
I've been a part of this collab chaos BS since 3/19 and Ive been driving 64 miles a day going to downtown ATL and mind you, every week at least 3x a week either someone almost HIT me while driving, almost REAR ended me, almost HIT a pedestrian... — read more
In defense of Randall
Do you think that Randall, a boy scout who helped little old ladies cross the street, is going to bankrupt their AT&T dividends and savings and take that golden parachute? I think Randall has been given some bad advice like that the FCC would have... — read more
Why is this a thing?
How much change can somebody who has barely over one percent of shares really affect?
Elliott Management you don't understand
We have established Collaboration Zones.
The grass is greener on the other side!! Run run
Leaving AT&T was the best decision I made in my life. I recommend everyone here to start planning your escape! I left about 3 months ago, I am so much happier now. I am no longer hearing about surpluses every week! I have been looking for the past... — read more
Goldman Sachs Response
John, when you introduce yourself to the crown jewell of content who has been successful for 25 years it is probably not the best idea to tell them they are doing it all wrong and I am going to blow you up.
33 Years and this is the worst morale
I have ever experienced by a good measure. I know very few who are willing to follow the current leadership team into battle. Hubris, Arrogance, and Incompetence in all aspects of their actions.
Failed TMobile Acquisition
$3B Cash $3B Spectrum Lengthy Roaming Deal favorable to TMobile How much did they have to spend on spectrum to get back what they forfeited? Gave Number 3 major boost to upend the wireless industry and put a Target on fellow GSM carrier ATT. All... — read more
Eliott 23 page report seems it was written by an id--t
None of the claims are untrue but the conclusion that the stock is worth 60$ is downright bizarre. ATT is doing everything to bring down the debt, sell assets, consolidate operations and rightsizing the functions. BUT how does one get to 60$ when the... — read more
Goldman Sachs to defend AT&T against Hedge fund
https://nypost.com/2019/09/09/att-hires-goldman-sachs-to-defend-against-activist-hedge-fund/ I mean those guys at GS are trustworthy right? /s
TOO Many layers of management with "inbred" leadership at top is recipe for continued dullness in the marketplace
I am a retired project manager. Lucky me, I have full benefits. One thing I noticed, after coming into AT&T from IBM, is the many layers of management that add no value. During my last few years of work, I found myself presenting and conducting... — read more
Mobility leadership
I have worked here for 15 years and this is the worst I have ever seen. Cell sites left off air Area managers that do not respond in general from director down no one seems to care. Its all about making a spread sheet happy. I wonder how long... — read more
randy and the board arent letting any outsiders in
they are all just sitting nicely getting paid and drowning in debt. they dont care, surplus and outsourcing and buy some more time —years of $$
At&t Southeast 2019 4th QTR Surplus - Any news about the upcoming surplus on Friday 9/13?
Any news about the upcoming surplus on Friday 9/13?
This means more layoffs
So, activist investors "pushing for spinoffs and major changes" pretty much means we are looking at major, major cuts if Ellliott Management gets its way. Which basically s—s for us. Can we go without getting some bad news at least one day at... — read more
Letter to All AT&T Stakeholders
https://activatingatt.com/letter/
The Board & Execs
The Board has been asleep at the wheel since the failed TMobile merger. The CEO and upper management isn't the biggest problem. It's the Board for lack of oversight and rubber stamping the CEO's strategy. How he survived the failed... — read more
AT&T CEO Randall Stephenson is officially under fire for questionable M&A decisions
https://www.cnbc.com/2019/09/09/att-ceo-stephenson-under-fire-for-questionable-ma-decisions.html
AT&T shares jump after activist Elliott Management takes stake, sees shares nearly doubling
https://www.cnbc.com/2019/09/09/att-shares-jump-after-activist-elliot-management-takes-stake-sees-shares-nearly-doubling.html
Southwestern Bell Telephone Company
I hired into a five state company, SWBT ran by Ed Whitaker long ago. It was a great company that was ran more like a utility company, putting customer service and quality at the forefront. As we merged with and or purchased PAC Bell, Ameritech, Bell... — read more
It's Official: Open-Plan Offices Are Now the Dumbest Management Fad of All Time
A new study from Harvard reveals that open-plan offices decrease rather than increase face-to-face collaboration. https://www.inc.com/geoffrey-james/its-official-open-plan-offices-are-now-dumbest-management-fad-of-all-time.html A little too... — read more
ATT is maddening
I can't get in email, I stay on phone with ATT people for hours, and then give up. No help. They are maddening to do everything now and they never were like this. I am looking at all other providers of wifi and phone service as I am sick and tired... — read more
Competition is heating up
Competition is heating up and AT&T May have shot itself in the foot with the amount of debt it has taken on. Disney’s upcoming Hulu, espn, and Disney+ streaming bundle for 12.99 a month is going to wipe the floor with HBO max. Especially with a... — read more
2020 Desperation
Remember the hype to ready yourself for 2020 by pivoting your training, learning Agile etc? Got your nanodegree? Now it’s eerily quiet on that front. Do you think there will be a management voluntary offer or is that over with as some have said? ... — read more
Pension Decision For Outsourced Employees
For those of us who were outsourced to IBM or to TechM and who have a pension, what are you doing with your pension? The choices are take the monthly or the lump sum now or leave it in the pension system for as long as you are working. The pension... — read more
If your surplus was canceled...
Use this as an opportunity to prepare for the next few. Take advantage of everything you can, whether it be the overtime or PTO to prepare for your families future. Don't stress the situation, but also don’t become comfortable. Know what you’re up... — read more
Welcome to Randall's AT&T InVEST Campaign
Are you feeling sorry for your fellow employees who don't receive enough compensation from their employer to pay their bills? Well worry no more, Randall and the AT&T Corporation have just the solution! All you have to do is buy some AT&T branded... — read more
AT&T’s New slogan
AT&T’s new slogan should be “Welcome to AT&T, a Tech Mahindra company”
Accountability?
Who has been in top positions for the past 10 years? Failed TMobile Acquisition was outlay of $6 Billion in Spectrum and Cash which eventually cost $40-$50 Billion Market Cap. Direct TV $80 Billion outlay and you couldn't get $40 Billion for it... — read more
Midwest D4 Core contract bumping
Does bargained for Midwest D4 core contract employees in all titles have bumping ability when declared surplus?
Surplus got canceled ?
Where was this stated; I didn’t see anything from the union or the company.
We’re basically the water company
People need water. You could try to buy it bottled or drink your fill at a restaurant - but you still need it at home for flushing toilets, washing machines and showering. You can’t live without water. We’re the exact same business - people have... — read more
J. Donovan gets $7.8 lump sum
https://www.google.com/amp/s/www.broadcastingcable.com/.amp/news/at-t-gives-retiring-donovan-7-85m-lump-sum-payment
T's Deal with Tech Mahindra
https://economictimes.indiatimes.com/tech/ites/tech-mahindra-announces-multi-year-agreement-with-att/articleshow/70996001.cms
AT&T Executives are toasting their "cleverness" in bypassing severance compensation (and ultimately unemployment benefits) through a loophole
To those that have been 'reassigned' to TechM, or IBM, or Accenture - the executives of this company are LITERALLY STEALING up to 6 months pay from you, along with benefits. And many of them will be rewarded with extra bonus money as a 'thank you'... — read more