Reuters) - AT&T Inc's quarterly revenue fell short of Wall Street estimates on Wednesday after it lost more than half a million pay-TV subscribers and its main wireless business reported lower-than-expected sales. AT&T lost a net 544,000 premium TV subscribers, a category that includes DirecTV satellite and U-verse television customers.
More layoffs are on the way
Overall they didn't lose any money. This is one cash generateing machine. Shareholders happy, everyone happy. We must remember Wall Street does not control the company. Their expectations are always overrated.
"LOL - yeah I guess they had to pay for all the new macafee licenses so the can put them on all the direct tv linux servers."
But we have to beat google and I am sure they pay macafee for virus licenses to put on all their unix servers. LOL senior management are clueless
the decision makers at att really need to get of IT and get a new career.
Maybe its time Randel gets laid off along with his cronies!
"Highlight of earnings report: 93000 net wireless adds in Mexico. hahahahahah"
Well we now know who the d--g cartels and the cia are calling.
Highlight of earnings report: 93000 net wireless adds in Mexico. hahahahahah
"I have a few neighbors who had uverse and loved it but they dropped as soon as att raised their prices after they bought direct tv. they would still be customers if they didn't raise the price they were very happy with the service."
LOL - yeah I guess they had to pay for all the new macafee licenses so the can put them on all the direct tv linux servers.
"AT&T lost a net 544,000 premium TV subscribers" wow that is a lot. I didn't think it would be that high but wow.
I have a few neighbors who had uverse and loved it but they dropped as soon as att raised their prices after they bought direct tv. they would still be customers if they didn't raise the price they were very happy with the service.
Spend a dollar. Save a dime.
"Layoffs won't fix the fundamental problem of not meeting revenue targets"
Every one knows that, except for Randal and the cronies.
"Only better products and services..." - and none of that is on the horizon. Just price increase on any product that is still functional, more layoffs, and selling assets.
This stinks of incompetence to high heaven, but who's there so tell ...
Layoffs won't fix the fundamental problem of not meeting revenue targets. Only better products and services in the marketplace will do that. Management has been too busy buying instead of innovating.
"More layoffs are on the way" Really?! You don't say...