As per usual it's word salad answers to real questions at his 2Q earnings webcast. I had the "honor" of being in the audience to watch him stare off in to the distance as others answered questions. When he answered questions they were meaningless word salad answers. Our leadership has no true vision.
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I was reading his email and watching news on Wall Street. It's as if he lived on a different planet or reality. He says how great we're doing and Wall Street is post "earnings missed".
The company is in a tailspin and can't pull out of it with massive layoffs to make it look profitable to Wall Street.
No mention of revenue numbers because it would void his statement about "growing the business". We have spent $25B in capex and revenue declined 23Q2 v 24Q2. Maybe it would have been smarter to spend some of that capex in reducing the debt.
“…I want to leave a business to whoever sits in my chair later…”
Please John. Sooner rather than later. Long overdue.
He used too many big words that I couldn't understand.
2Q24 Earnings Call
If you listened to the call did you catch when Stankey said this during the Q&A?
Thoughts?
"And I don't think there's going to be any shocks in this and our priorities remain the same. We want to make sure we continue to grow the business. That's first and foremost, I want to leave a business to whoever sits in my chair later that has a good, strong, sustainable franchise that can be healthy and that the next generation of individuals that work at this company feel confident and proud about where the company is going to go."
Stankey has a strong and clear vision for AT&T. Just because you don’t like it doesn’t mean Stankey is lost,
A well paid, trained monkey.
agreed. I sat through today's trainwreck noting all the non answers he gave. P*ss poor overall.
and you wonder why they don't record these for everyone who is too busy at the time to watch later
They were really patting themselves on the back for offering that $5 credit after that huge outage.
18 minutes ago by Anonymous | 1 reaction (+1/-0)
Post ID: @1uwm+1tFcxrU
That is because the C suite thinks your inconvenience is worth 5 dollars. They think if they throw customers a little bone, all will forgotten.
He "Stankey" is getting up there in age. It is possible that someone younger needs take the role of CEO.
Not even sure what that meeting was.
Always interesting how they hand select the presubmitted questions to share vs. the ones that had the most interest/most votes.
They were really patting themselves on the back for offering that $5 credit after that huge outage.
Maybe his sugar was low and he needed food. It happens.