That's a bit deceiving because a good portion of AT&T valuation came from them acquiring DirectTV and TimeWarner to create a unified TV streaming experience, bu

That's a bit deceiving because a good portion of AT&T valuation came from them acquiring DirectTV and TimeWarner to create a unified TV streaming experience, but they have since divested those assets. Said differently, AT&T is not the same company it was 10-years ago. They actually do less things now than they did in the past.