This 1 massive fact is all that anyone needs to know in order to figure out that the entire top 3 or 4 leaders of AT&T need to be fired, immediately. How did Wall Street investors ever allow these guys to keep their jobs, let alone get multi-millions in raises and stock options each year? These guys have made wrong move after wrong move. T Mobile failed bid penalties in the billions paid (who in their right mind would have even agreed to those terms?). Billions invested into a sinking Direct TV business model (don't these guys invest in analysis?). Time Warner outcome yet to be seen, but the fact is a media empire can't be run by guys who have no experience with media and have failed at even running telecom properly for years now, which is what they were originally hired to do.
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Not a huge fan of corporate raiders, some kind of powerful outside force is desperately needed to remove Randy and the Stank
Enjoy that dividend yield folks, because that's all you've had since Nov. 1995. T stock right now same price per share as Nov. 1995, 24 1/2 years ago. You would have been better off, and far safer, to have bought T bonds then than bought the stock. Bonds gonna pay out before stock. VZ up 78% from Nov. 1995 to today, AND, yes, they paid a dividend too. Would you still have your job if you underperformed your colleagues and peers results over past 24 years by 78% or so? No, your "headcount would have been rationalized" and you'd be escorted to the door, about 10 years ago or longer. Yes, I know Randy hasn't been CEO since Nov. 1995. But he has been for many years now.
Yep, I go by Randy and I am still here. Whether company outperforms or underperforms, CEO gets paid. You may continue complaining.
"Give it a rest": You're right. Yes, T pays a dividend. Guess what? VZ does too. So an absolute net difference in return of T versus VZ is an absolute net difference. We all know that all ships rise and fall with the same tide. In other words, don't reward a CEO who runs a gold mining company just because gold goes up in price and their company rolls in the profits for it. Reward him if he outperforms other gold miners, not just the general market. Compare peer to peer, and reward or penalize based on peer to peer performance. In this case, top management at T have underperformed their primary peer, which is VZ. If investors just wanted a 6% return with no further upside, they'd buy corporate bonds, not stock, and be a more secured creditor than a shareholder. VZ paid their dividend over the past 8 1/2 years, plus made a 40% stock price increase. Which do you think is "better" and deserves accolades, versus deserving to lose their jobs? You wouldn't go by the nickname of Randy by any chance would you?
https://www.bizjournals.com/dallas/news/2020/03/16/at-t-downgrade.html
speaks volumes doesn't it. look at cableone or charter. whatever t is doing it ain't working.
about to get worse, Ultimately, the experts spoke to predict that some combination of Netflix, Disney+, Amazon Prime Video and YouTubeTV will thrive; while HBO Max will survive, That puts HBO in a very interesting position. Not only is it competing with other streaming services, but it’s also competing with itself. It’s that incoming, overarching competition that gives people like Casey Bloys, HBO’s head of programming, anxiety.
Meanwhile investors were collecting the nice dividend.
Give it a rest
If only it were someone(s) job to generate value for shareholders. Oh wait....
T is a sinking ship with these captains!