Thread regarding AT&T layoffs

The CEO is not the blame. The blame is executives getting away with paying managers, directors, and leadership staff excessive and unnecessary salaries that they did not earn, deserve, and passed this behavior through to other employees through nepotism. Majority of these employees did not possess the education nor experience to continue in specific roles at US Cellular much less keep up with the volume of work. Not mention paying vendors and those vendors not being managed properly and losing money from major regulatory mistakes! This is what is running the company into the ground. Now, the CEO is trying to clean up past executive's mess.

Yes! My service will bridge!

In my experience, much of this is about roaming. If USCC has enough existing roaming revenue (domestic and foreign) that it generates a profit, then this may be a smart move. If, on the other hand, they are mostly serving their own customers, in a local footprint, it comes down to how much AT&T roams on them and doing the math. I know AT&T uses them for footprint, but if T-Mobile does, then it's probably a winning idea. Plus, AT&T would get the spectrum, which is always a good thing. So basically AT&T buys the customers and the network, then they would likely layoff the majority of the staff, except for a few executives and the RAN teams to maintain the sites... just enough to make it look like they tried to keep some semblance of the company that was purchased.

Stank career 'accomplishments': obsessed with the 'transaction/deal' -massively overpaying and mismanaging , debt debt and debt, destroying jobs, destroying SHAREHOLDER WEALTH, destroying employee morale, arrogance arrogance and more arrogance, no respect from anyone..........WHAT A CAREER

T can’t afford toilet paper for RTO employees, zero chance they buy US Cellular.

This is a non-issue. AT&T is no longer a big enough player to take seriously.

It was reported on Seeking Alpha. I don't think AT&T has the financial clout to outbid Verizon or TMobile in going after US Cellular. Both those players are heavy into Fixed Wireless which is US Cellular territories and TMobile has stated their desire to get more penetration in rural areas. AT&T may make an appearance in the bidding war but that's about it.

It’s kinda hard to sell fixed wireless when you spent your billions on DTV instead of spectrum. It like opening a pizza shop without sauce, cheese nor crust. You just sit there with your pepperoni in your hands.

Pump and dump, go peddle your 3rd rate cell companies and cell tower companies somewhere else, no one wants to buy your shares.

If you are US Cellular employees….run,run very fast.

Verizon and TMobile went out and picked up 7M Fixed Wireless Subscribers in the past 2 years. ATT's product is a day late and a dollar short. Nice going Johnny.

Yep, it’s mister pump and dump. He’s been trying to offload his poor investment decisions on anyone for a while.

Not this pump and dump guy again.

When in a hole just dig deeper, don’t let something like 143 billion dollars in debt get you distracted. AT&T can layoff their way to success, ask narcissist Stankey.

You know this is Toxic-T and the Stink the worst CEO in the country so his strategy and attempt will fail miserably. Top of the CEO Wall of Shame.

His goal is to add more misery, to all the employees of another acquisition, and then take it out and layoff more Toxic-T employees for his d-mbness. Megalomaniac. Shareholders will pay. More debt that he cannot pay the interest on.

He no doubt will follow Ratty and agree to billions in penalties when the acquisition fails due to the Gooberment stopping it - again.

This S H U M K never learns.

AT&T is the island of M&A misfit businesses that have peaked or been displaced by other technologies. So I’m sure they placed a 30% premium overbid to welcome them to the island of bad decisions.

$6 to $8 Billion for US Cellular would make sense considering all the TMobile, DTV, and Warner Brothers moves in an instant and those deals were close to $200B in Total and probably ended up costing shareholders a minimum $100B at the end of the day. I don't think they go for it. Verizon and Tmobile have their eye on them for many reasons including Fixed Wireless. Another item Stankey is late to the game on.