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AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C

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About AT&T, Inc. - 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C

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"Look, see this badge right here? It says AT&T. Let's me go anywhere I want to go, pleb. Now step aside."
This is directionally correct but gets key details wrong. AT&T spun out Warner Bros, which then merged into Discovery; AT&T shareholders received WBD shares from the spinout merger.
> New CEO is paying down debt and buying shares back. I've been saying this forever. AT&T needed to cut their dividend and pay off their debt. They were one recession away from bankruptcy, but if they paid off their debt they would be a free cash flow MACHINE.
AT&T installed a lot of fiber using the billions in government money. And even though it runs through my front yard and neighborhood I cannot use it and they still only offer slowish copper adsl.
Had to they bought T-Mobile they would have fumbled that and sold it for less a few years later. I’m just wondering why they didn’t buy Yahoo!, they missed out on that.
It's far more valuable for Netflix because of the amount of content they can add to their existing library along with all the licenses they now have access to create even more content for years to come. All of that value is kinda meaningless for AT&T. The value comes down to who can leverage the assets best
Maybe NFLX can buy T next. /s
Back when they first came out, and for a good couple years, iPhones were only available on AT&T.
The iPhone was an AT&T-only device on its initial release.
A lot of people have AT&T as the only Internet provider where they live.
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