Reuters) - AT&T Inc (T.N) said on Thursday it has committed to cutting its heavy debt load next year through a variety of measures, including a review of all of its non-core assets such as its stake in streaming video company Hulu for possible sale. AT&T lost more satellite TV customers than Wall Street expected in the third quarter, shedding a net 359,000 subscribers. The Company hopes the new streaming service, set to launch at the end of 2019, will lure some customers back. Note they said "Hopes" SMH
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Just saw our latest innovation. No more pro rating fees if you cancel service mid month. You might not think it helps but these small changes add up.
Take a piss at fortune’s sweet kiss. Don’t think better days will be shining through.
More stock buybacks coming. If it wasn’t for the dividend, no one would own the stock. However, with all the losses this year, you would have been better off selling.
Buying More time Synergies Syndrom? My Prediction, BAU, wont execute and nothing will change, remember Bellsouth, TMobile, -and DirectV? History repeats here over and over and over
He hopes? That is a good strategy, lol
Shocking!!!!
Recipe for success- go on a corporate buying spree. Accumulate massive amounts of debt. Realize you can’t service all that debt. Then liquidate said assets presumably for less than you paid for them.
Congratulations! You have just run a successful company into the ground!!!!