https://www.google.com/url?sa=t&source=web&rct=j&url=https://investorplace.com/2019/05/t-stock-not-worth-more-than-30-dollars/amp/&ved=2ahUKEwiVqtKe6o7iAhXhV98KHZeoB3gQ0PADMAN6BAgBEAU&usg=AOvVaw2vo4Uq3RCIMhsgBqMYqGLY&cf=1
4 replies (most recent on top)
@YYty1qP-1prk: To be fair (at least in Texas), AT&T and Frontier (formerly Verizon) have "territories". You can be as dumb as a post or a savant, but if T is your only option for service, you probably buy it (at least for Internet). Obviously with so many streaming choices, buying TV service is a different ballgame. The other option is cable, but that'sh-- or miss depending on neighborhood.
I think this article really hits the nail on the head. T survives despite itself but maybe that time is coming to a close sooner than anybody expected.
from 1 company, we are NOW 3 companies combined, we have less employees before this acquisitions fiasco started, AND the stock remains at $29/30 range. Americans are not very smart...keep buying AT&T products
"About 14% of total profit came from the Entertainment Group, the vestige of the company’s disastrous acquisition of DirecTV. The satellite business on the whole is in decline: AT&T’s profits are falling, and rival DISH Network (NASDAQ:DISH) has seen its share price fall by over half from 2015 peaks. Streaming service DirecTV Now already is losing subscribers."
Great article! The buying of directv was a huge mistake. How stankey can keep his job after that disaster is beyond me. But as usual some people at the T are untouchable.
Only thing I can guess is they bought for the intellectual property so they can have whatever patents they posses. Hope that works out for them.