remember what analysts say, you need to dive into the way randy and team report their metrics...it's not straightforward, never has been. great execution guys...and now commence the next round of surplus.
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News flash Randy ! CNN is not popular , HBO has jumped the shark, and being the worlds largest communication company was worth investing in, but being an entertainment provider is s---c-dal if your doing it the old way.Which you are ! We as a company are destined for failure with you at the helm.Being some kind of cultural personality wont save us or you.
Randall's spending spree.... alienvault, appnexus, otermedia, etc, etc, etc.... the entire board would have to already be on a performance improvement plan and some of them already shown the door..... but no, they are immortals and just the market does not understand their great ideas....
Meanwhile.... the fallacy of cutting costs by shipping all jobs to Bratislava or Bangalore where the revolving doors hire reps who really don't care about the business and end up costing the company 10x what their savings supposedly were benefiting the company.
Time for the board and major shareholders to see to their duties and show Randall's and his team the door with no ceremony and no fanfare, just as they have done with thousands of employees in the last 2 years.
Time to remove those at the top and try to build a network. Verizon appears to have the right mojo and motivates those that can retire by offering an incentive worth while... 2+2+1 and there would be a mass exodus
Yep. Postpaid wireless net adds were -232k while satellite/DTV were -359k. Both numbers are lower than the prior eight quarterly results. That's very bad and impossible to gloss over, no matter how much lipstick they put on the pig.
WOW , 100 BILLIONS IN ACQUISITIONS In THE LAST 5 YEARS ...AND SAME Sh-- RESULTS, LOL... As reported its first wireless subscriber loss in five quarters, disappointing investors a day after archrival Verizon Communications Inc. posted stronger results.
The weak subscriber numbers contributed to an earnings shortfall: Profit amounted to 90 cents a share, excluding some items. Analysts had projected 94 cents.
Key Insights
The loss of 420,000 tablet customers dragged down subscriber figures. The devices have become less popular, and many consumers don’t see a need to keep paying monthly connection fees for them.
With the rise of online video services like Netflix and Amazon, AT&T also has seen a troubling erosion of its pay-TV customer base.
The pressure contributed to AT&T’s decision to transform its business by acquiring Time Warner Inc. and its popular media properties like HBO and CNN. Still, the payoff from that deal remains a ways off.
AT&T’s closest peer, Verizon, which passed on megadeals in favor of focusing on its core business, posted surprisingly strong earnings and wireless subscriber gains Tuesday. That highlighted the contrasting strategies of the two phone giants.
Market Reaction
AT&T shares fell as much as 1.9 percent to $32.40 in premarket hours following the results.