AT&T was once one of the most dominant companies in the world having been founded by Graham Bell himself. AT&T and telecommunications were synonymous within the US. In fact, AT&T was so dominant that they would be split up the US government into several smaller companies. Even after the split up, the core of AT&T was stronger than ever with a market cap in the hundreds of billions and hundreds of thousands of employees. But the 2000s haven’t been so kind to AT&T. Not only has the stock not made a new high in 24 years, but AT&T is one of the most indebted companies in the world with a peak debt of 180 billion dollars. Most of this is due to just a few majorly misguided guided acquisitions of DirecTV and Time Warner Cable. This video tells the story of how AT&T slowly lost it all by themselves. Lock In 7% With Government Bonds: https://www.silomarkets.com/logic Free Weekly Newsletter With Insiders: https://ppnewsletter.substack.com/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - The Worst Acquisition Of All Time 3:33 - Doubling Down 8:08 - Damage Control Resources: https://pastebin.com/5wmW2Dh0 Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures
#AT&T has shattered what it means to be a blue-chip stock. Their slow self-destruction was both inevitable and surprising. www.youtube.com/watch?v=GAex...
You may also like
Powered by
(but not affiliated with)
Created by mjd.dev