Any truth to this??? I looked all over the Clark Howard website, and could not find anything close. Also checked CNBC, and Yahoo Business, nothing there either.
"According to Clark Howard. AT$T lost a million customers in 90 days and may go bankrupt."
Also Verison, and Spectrum are in the worst shape. They would go first
Too big to fail may not be a true statement anymore..... Any big company losing millions of customers every quarter is bound to impact it and eventually could sink!!
https://awfulannouncing.com/nfl/att-will-lose-over-1-million-customers-this-quarter-as-carriage-disputes-with-nfl-network-nfl-redzone-cbs-nexstar-drive-customers-away-in-droves.html
AT&T still has millions of customers who pay them every month. Quarterly revenues in the billions is not sign of bankruptcy. As long as the books balance all is good.
Look T loses money all the time but c'mon their a virtual monopoly and have a lot of cash flowing through the business. Most of their losses are due to over-paying for stupid sh– like WarnerMEdia and DTV , if these clowns focused on grow their core business instead of needing to make a statement for thair managerial "brilliannce" and legacy T would be rolling in money.. But you know when its not your money its esy to do a an $85billion dollar deal.
So no T is not going "banrkupt" worse that will happen is they will cut the dividend. and layoff a sh– load more staff, until the numbers re-align
who the foook is clark howard
after a 4 BILLION loss last quater, that sounds accurately checked
fake news
awesome - nobody wants to buy any service from this cesspool company.
Looks like he mentioned this in his podcast on 8/6. Re: customer losses.. yup we have lost in the neighborhood of 1 million pay TV subs the last couple quarters. Have you not been paying attention?
I just did a Google search, and found nothing.
The reorganization reflects an effort to become “super-hyper-focused” on direct-to-consumer streaming, id–t Stephens said.