ranking of AT&T’s worst decisions
How is this company still in business?
Way before the TMO debacle, the enormous loss on the sale of the NCR acquisition.
If you really stop to think about it, sbc was in an INCREDIBLE position at the forefront of the internet. Rolling off of a massive captive landline revenue base and should have had all of the foresight to see what was coming (like so many others did). "leadership" squandered opportunities everywhere - and then as the OP points out the many hail mary passes to try to catch up and do anything possible to be relevant and create a legacy. Failure after failure after failure and yet a common thread in this epic disaster still is pulling the puppet strings? How is that even possible? this is a case-study in ineffectiveness - and stink + the bod needs to give it up. What do you think happens to the stock price once the stank announces his retirement?
Yup - Thanks to Uncle Ed, RJS and their brother from another mother, the Stink. $200 billion in market cap has been erased. WTF!
Failed acquisition of T-Mo in 2011 leading to $4B breakup fee paid to T-Mo in 2012 that included $1B of AWS spectrum. It also caused T to lose Mo-mentum as RS slashed capital spending in T, T-Mo undoubtedly became a stronger competitor.
And the failed leaders approving these deals walk away making millions
@bc way before that.
Stinky to blame
"AT&T" has a bad record?
Who is the 'strategizer' in all of it?
Did the internet exist 15 years ago?
add to the list Digital life - that was a train wreck. Signing people up for isis, ya that did not go over to well. Gets better, we use sales force - cause everyone else is doing it. Blunder after blunder. Heads up their sphincters
Connecting changes everything!
It’s SOP/BAU.