Any time he's talking about financials he never forgets to mention T-Mobile only to dismiss their stock performance. It must really burn him that theirs is going 5-6x better than ours. Clearly his and the rest of the C-suite "leadership" team has failed investors.
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Last time I checked, Verizon was #1. Not on strike, just striking deals to expand coverage to outer space. Ground control to major Tom…📡🚀🚃👽🌏
https://www.rcrwireless.com/20240529/carriers/ast-spacemobile-verizon-strike-deal-for-direct-to-cellular-using-850-mhz
“Lies! AT&T is the number one wireless company. No competition!”
The only edge T ever had.
A monopoly.
Not working out for them in 2024 though, worked great in the 80’s, 90’s, and early 2000’s tho.
Lies! AT&T is the number one wireless company. No competition!
On a positive note, the failed merger, with a breakup fee of $4B, resulted in a $35B net savings. An accidentally leaked document revealed that AT&T was willing to pay a massive $39B premium in an attempt to eliminate the competition; see notes below. As a subsidiary of Deutsche Telekom since 2001, Voicestream/T-Mobile has never been in danger of bankruptcy.
”Leaked AT&T Letter Undermines Case for Merging with T-Mobile”.
https://www.pcmag.com/archive/leaked-att-letter-undermines-case-for-merging-with-t-mobile-286302
”Leaked AT&T Letter Demolishes Case for T-Mobile Merger”. https://www.dslreports.com/shownews/Leaked-ATT-Letter-Demolishes-Case-For-TMobile-Merger-115652
”AT&T Blows Smoke to Cover Leaked Document Snafu”.
https://www.dslreports.com/shownews/ATT-Blows-Smoke-to-Cover-Leaked-Document-Snafu-115735
Manager that worked for me left and went to TMO about 10 years ago. He's now rich because of their stock performance. I can't get ours out of my 401K quick enough so that it doesn't stink that up.
We’re now so much smaller than T-Mobile. Their executive team is so much better than ours.
FIRE STUNKY STINKY STANKY.
He is NOT a leader. He is NOT someone to follow. He has and Randal, destroyed the company. Moral is at all time low.. and nothing ever discussed other than EBITA, market share fake,, and the hand selected minions clapping for him.
It’s like a Dumpster Rally..all needed from Stinky is complaining about crowd size and how much hair he has.
The 1 major Stephonson-Stank stratgergy was to buy TMO . BUT of course THEY FU. Did not send enough tribute $$$$$$ to the BH Oblama regime . Ended up costing shareholders $4b and catapulting TMO to taking MS.
Stank$ shareholder destruction record #1 in corporate history
acknowledging t-mobile's success is accepting his failure, but he knows more than t-mobile and the stock market for not buying t's stock
He and his buddy Stephenson gave T Mobile $ 4 billion. And guess what? T Mobile invested it wisely and didn’t spent it on stupid acquisitions like T did.
I tried to get a job with T-Mobile but they didn't hire me.
It doesn’t bother him because he’s delusional
He dismisses everything and every fact that points to him being wrong, that’s just how executives in general are.
They never publicly admit they’ve ever been wrong about anything unless it’s so egregious that it simply can’t be ignored.
Even if they started ignoring RTO, they will never admit it’s the wrong choice.
Acquisitions? Not wrong, or someone else’s fault.
Bad stock performance? The market underestimates our value, their fault.
Etc etc etc.
He was part of the team that saved T Mobile from bankruptcy.