As AT&T operates as a pay-TV operator as well, investing in media and content programming will allow it to achieve backward integrated synergies, mostly reduction of cost to deliver content to subscribers. However, such a move will not be easy as the company doesn’t have the required cash to expand a newly created media division. Thus, it has to raise more debt for foraying into the media space. However, with a net debt at the end of second quarter of 2016, piling up further debt may spook investors.
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'backward integrated synergies' is global speak for layoffs and pivoting work overseas to reduce carbon footprints and to meet other weird U.N. strategies.
Then it occurs to me that CARBON FOOTPRINTS ARE PEOPLE!!! Much like Soylent Green is people. It seems At&t's Workforce 2020 is just the implementation of this U.N. push for 'sustainability'. Although these goals look benevolent and and virtuous on the surface, there is a very sinister undertone in how these U.N. sponsored 'development' programs are implemented. HR Departments across the country are coercively promoting these U.N. programs at a fervorous rate. Too bad thousands of U.S. workers have to suffer for such idealistic and unrealistic goals .
http://www.about.att.com/content/csr/home/blog/2016/08/at_t_supports_theun.html
https://sustainabledevelopment.un.org/hlpf
I KNEW THAT BEFORE Zachs reported it, with this one... it is a matter of luck, just as the FeED wirh the economy