https://seekingalpha.com/article/4372489-t-may-not-make-future
6 replies (most recent on top)
Comment from @yjx+16LPzWoM below sums up the sad situation T finds itself in perfectly:
"Synthetic finance has produced paper and digital abstractions that yield more money through buying growth rather than growing organically."
Maybe they need to set up more collaboration zones. Not
At the end of qtr 2...mgt reiterated direct tv was part of their plan....just a few weeks later it's for sale....this company just wanders thru the forest, lost for destination....pretty mych oblivious to the distress they are under.
Planning on a exit for me..There are too many well managed companies without the drama and day to day mgt issues.....
Its the laziness of today's youth represented in the purchasing of another company / technology, rather than using RND for what its there for. The low level of brain surgeons at the upper management level and those with the ability to say yes or no - those are the people responsible for " a lack of communication "
We can't even get working tablets and scanners to do our daily jobs. They have been on backorder for over 6 months. We all jump around like monkeys popping batteries in and out of devices and placing transactions on hold and jumping on the (1) computer we have that works in our store. We are pathetic. Perception is reality and we are a joke. We constantly apologize for our technology not working while we are trying to sell it.
The mistake was purchasing assets that were beyond their prime and overpaying for them! Then firing the expertise.
Back in the day you had this thing called Bell labs. They made things like transistors and produced ground breaking R&D, devices and systems. No one wants to commit that kind of money anymore. Synthetic finance has produced paper and digital abstractions that yield more money through buying growth rather than growing organically. Its a taller and taller embedment of jenga blocks. give it a catchy new name and resell it as new and improved version with acquisition costs attached that drive your product unit costs through the roof, and alas you cant compete on price.
Being that you havent really innovated anything really new [see first sentence above]... .you end up at a loss for words....to describe what is left.
https://www.youtube.com/watch?v=Pw9gaEiQAxY
No catchy label is going to do that for you.