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This is why AT&T keeps looking for the next big thing that will net them double digit margins in perpetuity with minimal effort. They have bought and damaged t
by simfree 3y ago
This is why AT&T keeps looking for the next big thing that will net them double digit margins in perpetuity with minimal effort.
They have bought and damaged the following assets in pursuit of this goal: DirecTV, HBO, CNN, Cartoon Network, Warner Bros and more.
AT&T has terribly mismanaged and damaged these assets, from destroying their carriage agreements with Dish and other cable companies for HBO, reducing their revenue by hundereds of millions a year, to, to more than halving the value if DirecTV by destroying its value proposition and failing to retain the customer base.