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 price point of 16 to 17. (Knowing T it will be more like 19 to 23 within a year of launch).
And now I just heard at least 2 companies are looking to bring fiber to my Michigan city. One will be offering 1 gig internet with no data cap for 70 bucks a month.
I recently left the company, thankfully, and soon I will no longer be a customer either. And I am thinking it might be time to sell my shares and invest elsewhere also.
Arrogant giants with lots of debt like T are no longer customer friendly nor are they employee friendly.