AT&T management is suffering from cable woes of another kind: Consumers are giving up landline telephones faster than you can say "iPhone.", and the recent forced reaction to T-mobile data offering, AT&T will have to offset such continuous revenues shortfalls with continue ans steady Layoffs.
Meanwhile, investors are still scratching their heads , or banging them – over AT&T's completed acquisition of satellite provider DirecTV in July for an astounding $48.5 billion. also raised questions about why the company didn't shore up its struggling U-verse wireless franchise, which lost 92,000 customers in the third quarter of 2015. The DirecTV move also seemed counterintuitive given that Amazon, Netflix and Hulu have proven the overwhelming popularity of the streaming model.