More time to spin the results? My conspiracy side tells me its bad and they want more time to spin the results. But maybe there is an innocent reason? I will let you lovers and haters of T to weigh in.
https://finance.yahoo.com/news/t-release-third-quarter-2019-211100850.html
This change from the previously announced date allows the company to present earnings closer to WarnerMedia Day, scheduled for Tuesday, October 29 at 6 p.m. ET. At WarnerMedia Day, the company will present its new direct-to-consumer streaming service HBO Max, which is expected to launch in spring of 2020.
Since AT&T was blabbering about stock buybacks recently, that tells me that the dividend is secure, for now. AT&T is first an income stock, and second, a growth stock mainly because the dividend yield is very competitive compared to a bank deposit.
If that dividend is in trouble, they could have a shareholder lawsuit, given all the blather about share buybacks. But, I don't see that. However well or poorly DirectTV does is subordinate to their ability to service that dividend. However, something serious at Wireless or Time Warner would cause me to wonder about the future. The only thing I want to hear about landline telephony is that they mothballed it.
Rinse, repeat. Same c-ap they say each quarter. We really need a radical change at the top. The board needs to wake up and do what is needed.
bla bla bla, synergues, bla bla innovation, bla bla dusruption, bla bla, raise rates, fees, anything. bka bka we need cash, bla bla , more layoffs, bla bla create phantom projects, bla bla