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Seriously? AT&T just spent $85bln and someone believes the prices will be lower?!
by waydowntogo 8y ago
Seriously?
AT&T just spent $85bln and someone believes the prices will be lower?!
- selectodude 8y agoAT&T bought assets with that money. They're receiving income that in theory should be offsetting what they spent. It's not like they bought a car and a nice dinner. The money isn't gone.
- waydowntogo 8y agoThe money isn't gone but cash-flow is. With this step they will have better cash-flow earlier.
- selectodude 8y agoYes, raising prices tends to do that. Doesn't mean they had to in order to finance the deal. They did it because they could.