How can a company even function with so much debt? How can there be any confidence in leadership that put us in this position?
16 replies (most recent on top)
Blackrock will bail us out for promoting DEI and ESG, Bringing in Marissa Mayer to the board helps since she is in on "the system." Just cut the old baby boomers out of here ASAP and this place will be a haven for millineals and Indians.
Cutting our way to growth. That's the AT&T way!
Big beautiful debt to make AT&T great again.
But we can give away trees!!
Completely agree that the BoD is a disgrace.
Too much debt indeed. Thank you Stankey!
Company doing well enough to pay a lot of workers and dividend to lot of investors.
Isn't the debt gone when we spun off Warner and DirecTV?
RJS ran up the corporate credit card to high that even Larry Fink said stop, and now the employees and shareholders are paying the price while RJS, Stink and the BOD get millions for the destruction of companies including BellSouth and Cingular that once were the standard of the industry. Now T is nothing but a 5-alarm dumpster fire.
OMG. I just wet my pant when I saw the word "debt".
The rubber stamp BoD is 100% complicit, and this outcome is by design.
Leadership is running a con game, that’s how
Like too much government debt, the solution for too much corporate debt is inflation. Inflate away that debt.
The whole business model is flawed. Poppa Stank needs to take a field trip. Monday: Call center with thousands of callers trying to disconnect or remove insurance they never ordered. Tuesday: Truck roll for Fiber install to a location outside the last mile loop. Wednesday: Empty retail store with 3 reps sitting on couch watching DIRECTV because our prices are too high. Thursday: At an enterprise client site visit where they want to disconnect the 500 tablets we just added last month as Marketing instructed. Friday: Network Ops trying to fine tune limited broadcast spectrum back towards industrial parks and away from home offices to support RTO. I double dog dare Poppa Stank to go on a field trip to these locations without extensive preparation by the operations teams. You know, the 2 weeks notice, cherry pick the right area manager, home, store, or client. Just randomly show up and see your business model is flawed and that is why your customers are leaving and your stock is dropping.
Not only debt. This company runs like we are the only game in town. We are not competitive, we are getting mowed down my so many other companies. Customers are getting our fiber installed at 85 monthly, Comcast comes a year later and takes customers at 39 for two years. It's not sustainable since we are not creating long term customers.
There are so many decisions that this leadership group has sc--wed up it boggles the mind. Remember, Stank ran TW into the ground effectively devaluing that asset before deciding to sell it. The BoD is asleep at the wheel.