http://news.morningstar.com/all/dow-jones/us-markets/201809213535/att-divides-company-into-new-reporting-segments.aspx
An even bigger question is why this hasn't been reported on a bigger scale. Can you say DIV reduction?
9 replies (most recent on top)
T equals dubious
This move is to organize reporting segments post TW acquisition. This is very common to do and aids investors. There will still be consolidated reporting of all units (the SEC mandates it). Nothing more to see here.
Right, move toxic assets and debt to a subsudiary, from the Conjob101 AT&T manual
They keep doing that to keep the market analyst on their toes and to be able to hide poor results behind a better organization. Nothing really matters except bottom line of all combined results.
Its AT&T ,s wet dream to get rid of all aspects of product and customer service, so that they can deliver content and subscriptions almost exclusively.Sweet dream for the clown at the top .
I think if they split themselves up, it will be wired and wireless. That is where the duplication of services is at.
Landline and uverse phone versus wireless home phone, cell phone. Direct TV versus Uverse TV. Uverse internet versus 5G internet. The 5G is not in place yet, so I don't see a split-up yet.
I think the new reporting structure is because of the acquisition of Time Warner, and nothing more.
They are getting ready to Divvy the company up. Issue Tracking Stocks as a way to determine a market price for each piece. Keep what they want and sell off the rest. At&t has already done this one time about 20 years ago and now they are getting ready to do it again.
My 2 cents worth.
Hi Randall, Keep Cooking the books, BTW.....Q4 is almost here, they need to create the illusion things are getting better, LOL
Creative accounting at its finest!