Thread regarding AT&T layoffs

Apollo invests 2 billion into At&t

Does anyone have any info on this? deal supposed to have closed in June.
article just shows this company has already bought portions of Century links "copper dsl" customers in some states in north and northwest part of the US!
Are we next to sell the copper network to them!
Here in the Southwest part of the country anything copper no one cares about it!
we can't even order any supplies for the copper network!

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Post ID: @OP+1orIw1P7

10 replies (most recent on top)

And yet again this is why I took lump sum while the getting was good. My gut told me there would be fuzzy math happening in the future and the proof continues.

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Post ID: @2leq+1orIw1P7

Apollo Creed has 2 million in out stocks. Whatta loser!

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Post ID: @1tpc+1orIw1P7

Copper very high, we sell good price. Lead very high too. Good

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Post ID: @1yfc+1orIw1P7

Apollo is the parent company of Athene. We just gave Athene 8 billion of our pension fund and they’ll pay the annuity payments on 96000 retirees. The 2 billion investment is essentially from our pension fund looped back into the business from our pension fund.

Typical AT&T Ph--kery. Nothing to see here just, BAU...

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Post ID: @1fjl+1orIw1P7

Apollo is the parent company of Athene. We just gave Athene 8 billion of our pension fund and they’ll pay the annuity payments on 96000 retirees. The 2 billion investment is essentially from our pension fund looped back into the business from our pension fund

Man, f this company. I may not know yet what my future holds, but I'm so happy I at least know I'm not involved with this s show anymore.

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Post ID: @suq+1orIw1P7

Check balance sheet-ATT already sold about $5M in copper. Copper very high now and we have lots of it underground not being used.

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Post ID: @snp+1orIw1P7

Ah yes, the Stink at work! Another way for the Stink to sc--w over retirees! This is what any fool can expect for trusting T with your pension! Just like when Ratty infused the pension plan with T tracking stock!

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Post ID: @dcz+1orIw1P7

Apollo is the parent company of Athene. We just gave Athene 8 billion of our pension fund and they’ll pay the annuity payments on 96000 retirees. The 2 billion investment is essentially from our pension fund looped back into the business from our pension fund

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Post ID: @hit+1orIw1P7

Just investment replacement. Not new money in the company. And it's a purchase of preferred stock. They get better dividends than the rest of us.

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Post ID: @tou+1orIw1P7

https://www.marketwatch.com/story/apollo-to-invest-2-billion-in-at-t-subsidiary-at-t-mobility-5d7f2335

yea that's the link to the story but it shows that was for mobility

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Post ID: @ydn+1orIw1P7

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