is the title of the article..
https://www.msn.com/en-us/money/companies/at-t-s-grim-future/ar-AAW5xeU?ocid=msedgntp&cvid=d19f10901bb24e7284422f6748c49a3c
3 replies (most recent on top)
As a communication company, just collect from customers and pay investors.
It will take years to unwind this and bring the debt to a sustainable level.
geeze, I thought I was reading a preview but the whole article looks like it's two paragraphs.
The beating down of the stock was set up by the previous CEO's disastrous timing on acquisitions. We were no longer a telecomm company, but a media company.
So much for that. Media has mostly has been spun off, now back to roots as a telecomm. Time will tell if the enormous effort to put everything into Microsoft's cloud and their applications pays off.