7/31/13 —At&t Market Cap - 187.17 Billion
7/31/13 —T-mobile Market Cap - 17.52 Billion
Fast forward to 2020
7-31-2020- At&t Market Cap - 210.76 Billion
8-3-2020- T-mobile Market Cap - 132.20 Billion
What’s even more puzzling is At&t had a Market Cap of 281.17 Billion on 10/31/2019
With current projections AT&T's total debt will be reaching Market Cap by 2030..
customers dropping att like a rock. you eventually get tired of their creative billing and stupid locked in buying phones. people got wise to being locked in buying mobile phones from their carrier especially the ones whose service sux. I hope it continues.
Overview
Randall Stephenson received an average of $24M in total compensation, including $2M in salary, at AT&T from 2006 to 2019.
don't forget at&T's $160 Billion in debt and the preferred shares sold around $36 to pay down that debt. also, the loans to pay the dividend. at&t is literally the titanic
Sprint merger is not enough. Something highly F4ckey is going on here. I think it'll have something to do with Ratty, the BOD and The Elliot Group are going to become even more super wealthy.
The merger with Sprint is the reason for the market cap increasing.
The stock price back then was about $37, now it’s below $30!!
Not to WORRY
Starting at the next Board Meeting everyone will hold hands and Sing Kim-ba-Ya (lead by Randall himself) before any Old Business and/or Bew Business
Randall has stated that this could help himself as well as the Board to attempt to find some kind of direction going forward