Their internet business will get eaten up by Satellites in the sky (Amazon // SpaceX) - mark my words - their satellite based low latency gig symmetrical speeds will be better internet than what most AT&T can offer in the United States - average ping 20 gig up and down and no install required? Just plug the antenna into the wall and point it up ?
Their (once famous HBO) will be given away free because no one wants it and everyone will be watching Netflix / AppleTV /
XANDER - their advertising and analytics division gathers AT&T subscribers watching habits and online activities and sells them to other companies. How can they do that when no one is subscribing to AT&T anymore ?
DirectTV - will be no more
5G ? So their gonna spend tons of money for new infrastructure for 5G towers and micro cell units everywhere to power what exactly ?
Lets take a second here ... 5G will be for the benefits of what exactly : cell phones and maybe their (wireless) set-top-boxes for their AT&TV platform ?
Most probably don't remember but AT&T said perty much the same thing about 4G LTE they are touting now when speaking of 5G. Using all the big keywords here: Revolutionize - Game Changer.
How's that AT&T 4G LTE these days ? Did it really revolutionize or change the game ?
AT&T wireless subscribers is reaching the near plateau in new customer store walk-ins so much they now have (in-home-experts) cell phone sales going to installs and repairs !
Those guys/gals say they are doubling the sales of traditional stores! Wow. But .. uh... what happens when no one wants our internet or tv and they have gotten tired of repair after repair and switch to another service ? They wont be able to sell any more cell phones that way ...
All in all the upper echelon keep touting all the accounting words stock analysts love to hear .. 7-10% yields for dividends .. blah blah .. 10% EBIDTA .. blah blah
My dudes its simple business here ... they are only able to tout such numbers (temporarily) now because they are able to deliver their products / services much cheaper than last year .. HOW ??
- They've laid off a big % of their work-force
- They've outsourced as much as they can (with more to come I am sure)
- They've RAISED prices on all their SERVICES
- Every piece of equipment used in their Internet / Television unit (Uverse and DTV) has been reconditioned and refurbished beyond their lifetime limit
Whats funny is their statement : We don't care about losing customers we're focusing on the long-term value customers.
WTF does that say? Sounds like - we're going to keep bleeding and raising prices on the customers we have ... and we're gonna lay off more so its continuing to be cheaper to peddle our products and services ...
In business you make money by getting more customers who want your products and services.
Not raising prices on the customers you have to keep padding your accounting books ...
This place .. smh