This move makes AT&T the largest private debt holder in the United States. https://www.dallasnews.com/business/att/2017/06/30/can-att-king-debt-keep-paying-eve

This move makes AT&T the largest private debt holder in the United States. https://www.dallasnews.com/business/att/2017/06/30/can-att-king-debt-keep-paying-ever-higher-dividends https://www.dallasnews.com/business/att/2017/06/30/can-att-k... It’s tough to be nimble with financial responsibility this large. It is not obvious to me that this is a good thing for the shareholders. It’s for this reason that I’d rather see us focus on incentives for local ISP competition rather than regulatory burdens designed to keep elephants this large in check. Net neutrality has to be powerful enough to curb AT&T’s legal teams. Scrappy local ISPs aren’t going to have the same resources for responding to regulatory requests. It entrenches the big players.