Thread regarding AT&T layoffs

"Someday, and probably sooner than most want to think, the only way out will be to cut the dividend and when this occurs, the snowball will roll faster down the hill and the company will be crying for a bailout."

I don't know why you were modded down for this but there's a lot of truth in this statement. The ONLY reason anyone purchases AT&T stock is the generous dividend. ( 6.5% ) That's it. The stock price basically hasn't moved in a DECADE. It was ~25 in 2009 and is ~32 today, so folks sure as hell aren't buying it for it's amazing upward trend.

If / when they cut that dividend, everyone is going to dump their shares.

I don't understand how warner was such a hot property but t did pay way too much for it and now they will marginalize everything in and outside it.

I guess the thing I am wondering about is this. Will At but, I am concerned that At&t will become hamstrung by not having the money they need to feed the business when it's needed and as a result these new assets may not perform as well as expected and you know what happens after that.

You know we have all been here before. At&t (Long Lines) bought Comcast back in the late 1990s. Paid way too much ($72B). Had too much debt and eventually sold the whole thing off as a big loss and here we are again kinda doing the same thing again, aren't we? Looks like C. Michael Armstrong has been reincarnated as Randall Stephens. What's different this time.

A bailout! No freaking way will the taxpayers agree to pay for the executives dumb mistakes. The gov tried to stop the company twice from making a big mistake and failed. The company made their bed all by themselves and now they should lie in it.

Someday, and probably sooner than most want to think, the only way out will be to cut the dividend and when this occurs, the snowball will roll faster down the hill and the company will be crying for a bailout.

Just ask the shareholders, The current leadership has been pretty successful with previous purchases of subscription based service companies, And my bet it will continue. Lots of people think they know the best path, however those people are not at the top for a reason. 99% of the employee's wouldn't last a day in the shoes of any of the top NEO's. There's not enough Xanax for some of those jobs.

It doesn't matter who is ordering the reshuffling of the deck chairs, it won't change the $300B of iceberg that is liabilities on the balance sheet.

Zero creativity and forward thought comes from above. They talk about taking risks but they are all yes men and that is how they got there and will stay there. If they had any vision they would have been the ones creating an iTunes, a YouTube, a Netflix. The whole model of finding disruptive productive talent is non existent and in fact is repelled away. Look at all the history of the current leadership.