agree about management - impressive ability to screw up as part of an oligopolyAT&T must have some of the worst management known to man-kind. Especially Stankey... pun intended. Cutting the dividend by 50% and I think they will do well to keep it at that level.
![]()
AT&T admits it made a terrible mistake getting into media business with Discovery deal: analyst
AT&T ruined a lot of shareholder value by trying to get success in the media business, a veteran media analyst Craig Moffett tells Yahoo Finance Live.finance.yahoo.com
https://finance.yahoo.com/m/f035f8ba-39fe-3e5d-b087-ee44ba65fc80/at-t’s-dividend-payout-stands.html
assuming the share price will be cut too - if they spin off the newco as a special dividend of sorts
hoping the stripped down T and newco will still be yielding 4 or 5 percent combined. if not, i'm dumping both of them