This. AT&T for about 20 years tried to expand out of telecom into entertainment and completely botched it, and spent a lot of time in denial about it before getting the current CEO who has focused on advancing their telecom capabilities, paying down debt and selling assets they don’t need like WBD
They had a chance at a good run this week. Still just sitting here at mid 20's. Hate at & t. Also, they stole my data and sold it, claiming they were breached. Ya, if breached means they sold 500 million user profiles. This is how the big corps stay afloat when loses mount. They sell our fucking data. When will the people own their data. Fuckin absolute robbery of the American public. Biggest heist in history. There had been trillions made on OUR DATA!!!
CUSTOMER: Hi I’d like an unlimited data/text/minutes plan.
VERIZON: Ok. We’ll have your total cost listed on your first bill, which will arrive riiiiight after your 30 day cancellation window. But we can’t tell you the final price before then.
AT&T: Ok. Your bill will change 2-4 times before the number stabilizes. We still won’t know exactly what that number is, and will never be able explain the fee structure.
T-MOBILE: All righty. If you set up direct pay today, it’s 70$ a month, and 15$ per extra line. That’s out-the-door pricing. We can have you ready to go in the next ten minutes. Otherwise it’ll be 75$ a month. Same for everything else.
CUSTOMER: Yeah. How the fuck is that cheaper than the other plans before getting raped with imaginary surcharges?!
**This was the actual conversation I had with T-Mobile, Verizon, and AT&T when I switched to T-Mobile. These companies SUCK. How are their analyst ratings anything but dogshit?**
I never liked AT&T and when I was a directv customer the moment it went public AT&T was buying directv I canceled my service and went to local cable company instead. And I really like directv.
AT&T is the prime example of why spinning off companies can be accretive. AT&T executives destroyed so much shareholder value its insane. Imagine if they didn't fuck up with DirectTV, supported WBD, etc. AT&T's entire market cap could easily have been 2-3x bigger over 2-3 years if they weren't so shit at this.
AT&T and IBM’s blunders are legendary. Am sure there are hundreds of case studies about lost opportunity and mismanagement at both organizations. The distain that both organizations have for their customers and employees truly should be studied.
AT&T had the GLOBAL monopoly on communications and the transmission of data 60 years ago and is now a small player in the space. IBM gave birth to the two largest software companies in the world, Microsoft and SAP through complete gross mismanagement.
It is not surprising that AT&T is a large client of IBM. Their cultures completely align.
I grew up gaming on AT&T DSL that maxed out at 3mbps down and 0.3 upload when nobody was home. When I was deciding on colleges I applied to the state school in the only with gigabit fiber. 10 years later my parents finally have ~30 down and maybe 5-10 upload…. And it’s not through AT&T