Underfund pensions but gift $4 Billion to T-Mobile
The $4 B would have gone a long way to filling the pension gap. The elimination of senior management bonuses for at least 5 years would seem to be in order based on just these two examples of management incompetence.
How does CEO Stephenson and senior management at AT&T get away with it? Blowing $4 Billion on a surety bond to T-Mobile that the deal will be approved is utterly insane. Why is Stephenson not a lineman now? This non-accountability is lethal for the company.