The worst decision in history

AT&T paid $67 billion for DirecTV and said this when the purchase was completed.

“Combining DirecTV with AT&T is all about giving customers more choices for great video entertainment integrated with mobile and high-speed Internet service,” said Randall Stephenson, AT&T chairman and CEO. “We’ll now be able to meet consumers’ future entertainment preferences, whether they want traditional TV service with premier programming, their favorite content on a mobile device, or video streamed over the Internet to any screen.

“This transaction allows us to significantly expand our high-speed Internet service to reach millions more households, which is a perfect complement to our coast-to-coast TV and mobile coverage,” Stephenson said. “We’re now a fundamentally different company with a diversified set of capabilities and businesses that set us apart from the competition.”

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Worst decision in history? far from it.

What do Randall Steophenson, John Stank, and OP have in common?

Their mom's all made the decision of letting their dad finish inside them.

AT&T paid millions in compensation to leaders who led we the little people to sla-ghter. They walkway with big checks. And many of us, no longer have a job.

When did this happen? And why didn't we say something about it?

remember when it was purchased and the first satellite launch went perfectly and a day later stankey said that will be the last - wth

buy a satellite tv company and launch a satellite and then stop.

he did nothing but destroy that company who was kicking att's a-s with great customer service which att knows nothing about.

Knowing what you know today, what would you have done differently to grow the business? We can all see that focusing in wireless service isn't the right answer. We're just managing the decline now.

T bought directTv for $48.5 billion ... and sold it for $7.6 billion
net loss of $40 billion
i think from warner deal another 40 billion loss, right ?

DirecTV was most definitely not the worst deal in history , Time Warner for $88B for a few years , saddlng T with debt was way worse

Buy high
Sell low

If you thought this was such a bad decision, why have you stayed around all these years? Staying around has been your endorsement of the choice.

That former dtv CEO was so excited to cash in on DYING TERRIBLE BUSINESS . He probably still on cloud 9, in disbelief Stan, Randy that d-mb. AMONG THE WORSE DECISIONS IN CORPORATE HISTORY AND T BOD MAKES ARROGANT , SOCIOPATH IMBECILE STANK CEO. CLOWN WORLD . MILLIONS HAVE PAID DEARLY FOR THIS DISASTER

"With DTV TRANSACTION 1+1 = 3" ..........................BIDENESQUE STUPID STANK

Adam and Eve eating the forbidden fruit was a much worse historical decision.

The board should have cut the straps to his golden parachutes before he hit the ground. He ransacked and pillaged AT&T for his own gain. Capitalism at It's worst. Profit for the few at the expense of many. In the words of Gordon Gecko, greed is good.

AT&T just sold DirectTV for $7.6 billion. Randall Stephenson is a blithering id--t. He should have been tarred and feathered and run out of town on a rail for this crime against a once proud and historic American company.

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The worst decision in history

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