Believe we were supposed to reach that target in the first half of 25. Well we have reached that time. When will we find out if it actually happened?
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Stock buybacks will make AT&T great again.
No, the $7.5 billion will be used to pay down debt to get to 2.5x. It will not be used for stock buy backs. That will come out of FCF.
I am guessing that all the employee discounts for DTV or Uverse is about to go away.
“ I saw the word "debt" and just wet my pants.”
Stifle yourself there d1ngb@t.
Big, beautiful debt to make aT&T great again.
before we can use the $7.5 billion from the sale to pay down the debt
You misspelled "buy back stock."
7/02/25 - TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the completion of its acquisition from AT&T of the remaining 70% stake in DIRECTV.
This had to happen first before we can use the $7.5 billion from the sale to pay down the debt. I would think they are use to pay it down pretty quick.
Another interesting thing is that selling UVERSE was part of the deal.
The next AT&T earnings call is scheduled for Wednesday, July 23, 2025, before the market opens. They will discuss their fiscal second-quarter 2025 financial results. A conference call will be held at 8:30 a.m. ET on the same day.
I saw the word "debt" and just wet my pants.
I guarantee it happened or T would have delayed the Lumen purchase.