Is there a plan to eliminate the $158 billion debt in a reasonable time? I just don’t see it with the dividend, Cap Ex spending and continued multi billion dollar bond issues!
13 replies (most recent on top)
yes, there is definitely a plan to pay down the debt. it is to fire as many people at T as they can, at least anyone at 5th level and under. there is no other source of funds to paydown debt to any large extent. dividend is sacred, cash drain from numerous past lousy business decisions is a chain around T's neck. So, you are the debt paydown plan. get prepared to sacrifice for the greater T good. you are indeed a very important part of the solution. instead of "win as one", it is now "win without one hundred thousand (headcount)"
There is $35 billion in dead money for dividends and cap Ex which leaves little to retire debt in a meaningful way.
Don’t count on Warner to save T with a whopping 2% SVOD market share! They went
ALL in on HBOmax with no results. J Kilar, the 52million$, CEO, man-child, has pretty much blown up Warner. No one will work with Warner now. He destroyed all TV production/licensing, as he thought the $800 million profited a year, wasn’t worth his time, so that’s done. Kilar has ruined existing relationships that have been cultivated over the past 50 years. He completely disrespected the agents, arts, and the artist, so we’re pretty much toast! Then he moved on to HBO and is taking them down too, All While Stanky cheers him on. Side note, If I see another embarrassing Twitter post from Kilar running around the Warner lot, like a star struck teenager, taking pics of movie sets, I’m going to pull my hair out! It’s Hollywood big boy CEO, we don’t sell phones or data, we create movies/Tv and have for the last 100+ years...that’s what we do!
No immediate plan to minimize or reduce debt, but T keeps paying employees to sit around with nothing to do which doesn’t help the bottom line. The problem with T is that it keeps laying off the wrong people!
Wow, 20 plus years of service. Outstanding.
to Post ID: @1kmx+1a29FU1p below:
You forgot people being surplussed and needing to pay $1,000-$1,400 a month for health insurance, having to miss the last 5 years higher income to increase social security, lost pension. If you survive, yes good for you. Why delight in the financial ruin of your co-workers with 20 plus years of service? I hope you never have to join me on the unemployment line.
Reasonable Time? 40 Billion of the total Debt is due between the years 2050-2097 if not a penny more is borrowed going forward (It will be). Try buying a house or a car and ask the bank if you can make your first payment 29 years from today. Stankey's recent 6-10 Billion in savings on the backs of employees will not solve the debt issue that he helped to create with Randall since 2010. His reason for the Benefits & Salary cuts given on the HR Townhall? "The ratings agency's rate our debt so we have to do this". Not sure 6 billion in savings on a 160 -180 Billion dollar debt load will save him or AT&T as it has existed for over 125 years. See GE with 1/4 of our Debt...................................
Who gives 2 sh!ts it's already dead lmfao
You forgot to include the $23B they just spent at the spectrum auction. This does not include the relocation costs which will add another $1B or more.
Analysts suggest T will never catch up to T-Mobile and as a result their advertising strategy will likely have to change to something like “T is good enough” no more making claims about best and fastest on any type of scale.
Plan that’s working ?? LoL must be bots on this site
Att is too deep in debt , over paid ceo and huge payout to exec
Need to start with exec pay , stop competing with ourself ie cricket . Hr is joke bogus investigation. Sooo much more
Yes there is a plan. And let is working well.
That's the question. The share price is not going to move up until there is a substantial reduction in debt-and the guy who caused the blowup in the balance sheet is in charge. Unless the Warner acquisition begins to show substantial revenue gains it is highly unlikely that debt reduction can happen even with head count reductions.
Why get rid of debt, when the Federal Reserve is printing the dollar into oblivion? Where do you think the stimulus comes from. The government no longer borrows conventionally. Instead, the Fed creates ("prints") the money and "loans" it to the government.
It's called "Modern Monetary Theory". The bet is, there will be dollar devaluation when the loans come due.