Trying to whitewash his massive failures. Like a used car at the junkyard. JVB is the junk yard dog growling like cujo foaming at the mouth. Bark bark bark....don't question Stankey.....ruff ruff ruff growl....do what you're told!
13 replies (most recent on top)
@1hvm+1neYLtOj, growing fiber and mobile??
Okay, only about 6 years behind Frontier in terms of fiber, not even started in terms of 5G, and hemorrhaging mobile subs like a stuck pig.
Dude, have you renewed your meds?
As part of RTO, you will now be required to lease your cubicle on a monthly basis. Window seats will cost you more.
“Growing mobile and fiber subscribers. Future looks good.”
No. All that funding has been cut too. We aren’t building anything.
Sell the landline business. Nobody uses landlines anymore.
Growing mobile and fiber subscribers. Future looks good.
What’s he gonna sell? What’s left? You need wireless and associated wireless services/connectivity to turn a profit. You need wireline because the wholesale prices you’d pay for the pieces you still need is probably not worth it. Broadband/Fiber? Seems like that’s his golden child or at least was at the start of the year.
What’s really left that’s worth anything?
Every bad decision was already bought high and sold low.
"How come we can’t pay down the debt? We have FCF and dividend payments totally 23b "
Probably the most ignorant comment I've seen here. John, is that you?
"No major player in corporate america would be willing to buy a company with such enormous debt on its books and have to assume that debt!"
Actually, there is one company that would. One CEO brave enough to look past the debt, declining market share, questionable business plan, and incompetent past leadership.
Unfortuntely, T can't buy itself ...
"How come we can’t pay down the debt? We have FCF and dividend payments totally 23b "
Geeesh, you don't add them together, you subtract. Must be a Stanley University graduate.
No major player in corporate america would be willing to buy a company with such enormous debt on its books and have to assume that debt! T will still be in the mobility business for quite some time! As far as managed services and outsourcing business, that could possibly be sold off since it would fetch some serious coinage!
How come we can’t pay down the debt? We have FCF and dividend payments totally 23b
Stankey would get $60 million as a change of control bonus on top of the money he’s taken out of the company!!
I concur, it's inevitable with the way things are currently going. After announcing lower estimates for Q2 postpaid subscriber adds yesterday, the writing is clearly on the wall. With no way to bring down debt, and the cost to service all that debt, it's a fire sale in the works. TRUST.