Thread regarding AT&T layoffs

AT&T announced that the financial results for the third quarter were Stellar results

In some alternate universe investors should be incredibly pleased.

https://seekingalpha.com/article/4380992-ts-stellar-developments

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How was this done if revenue was down? Through decreasing costs?

That is not long term growth. You can only decrease costs or reduce head count so much.
This increased cash flow came from the sale of business units?

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