"AT&T has struck a deal to sell its majority stake in Central European Media Enterprises for $1.1 billion as part of the telco giant’s larger campaign to shed non-core assets and pay down debt."
https://variety.com/2019/biz/news/att-cme-stake-sale-billion-debt-1203385001/
Dig into the Investor Briefing. Over 2.3 million decline in Retail Voice connections yoy.
Wireline is safe, not gonna be sold.
Maybe you are better off if you left the company and are taking the pension buyout.
Already begun. Expect an accelerated core assets sale in 2020. Mainland next. Elliott Management is having their way with randy and the gang, with only “1% of Att shares”. All planned. AT&T the media company.
Well that 1 billion out of th 100 billion left
CNBC analyst today claims that valuation of the sum of the AT&T piece parts is actually less than the current share price
@zzg go look at Randy's interview chat from May. He said the debt no longer worries him.
His plan is to jump ship before he's on the hook to answer for it.
Already happening, it’s called Rebadging
Answer: About five minutes after Randy & Stank realize they can’t fire enough employees to make their bloated bonuses.