great and truthful article
3 replies (most recent on top)
Nice to see someone write something that’s true. All the paid pump articles miss the truth.
Bottom Line on AT&T Stock
If AT&T CEO Randall Stephenson wanted to bet the company on a big acquisition, he should have bought IBM. It’s at least a technology company. Instead he bought Time Warner, a media company whose assets mostly serve the dying niche of cable.
If AT&T can squeeze profits from captive customers for the next 10 years, it might make a dent in its debt load. But the assets are rapidly declining in value. This story will not end well.