Look at what 3 big swings and misses back to back can do to a robust company. I will give a pass on T-Mobile debacle but the failures of DTV and Time Warner were seen by 99% of anyone with basic business sense. What a cr--ker jack outfit the company and c suite has become. It's always everyone else but Johnny and his supporters who simply don't get it. What that it is I will never know unless it's hating your shareholders, customers, and employees.
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We all knew the Time Warner acquisition was going to fail as soon as CNN started going after Trump and pushing for Biden to get elected. Trump is a horrible human being but Biden is a barely functioning... Well, let's just say that he's what AT&T would be of it were a person.
Welcome to our new surpluses. At least the mean Tweets are gone, AF the expense of competent leadership.
TMUS was not even requesting a breakup fee! Randall offered the breakup fee to show how BOLD at&t was about closing on the acquisition. What a HAYSEED!
TMobile has a market cap of $190B. ATT with the superior Stankey Strategy has a market cap of $118B. Too funny.
If T ultimately goes down the tubes, the failed T-Mobile deal and its breakup fee/spectrum lifeline will be remembered as the beginning of the end.
No pass on TMobile. It was obvious that would not fly with regulators. Horrendous deal.