So like a bond....what happens when it's rating goes to junk? Price war about to get more intense as bandwidth expands and implodes pay TV bundler market moat. Not to mention price wars that some are claiming will get much worse.
Do some homework on their fiber infrastructure amassed over the past decade coupled with their research into 5G small cell (millimeter spectrum). Google MVNO using S and TMUS is for gap coverage. Sprint goes verticle. Phone supplier, operating system, high bandwidth ISP, search engine, mobile carrier+text, and streaming on demand TV bundler. No joke. You've got your hands full. Time to deploy high bandwidth technologies cable and telco or risk losing no only the ISP position but the entire business model in TV and phone. Any further stalling will cost you the whole farm instead of part of it.
LOL Keep voting like you think it makes a difference. I also forgot to mention the need to also adjust for the CT fixed line sale making further YOY declines on a fully adjusted basis.
Come on Klown. Will Fit just not be used for a few days or will he be retired? Lap dog going to be brought back to life or the worm ID used tomorrow?
Within that figure, wireless equipment revenues increased 72.3 percent to $4.8 billion, the company said, as "more customers chose equipment installment plans versus subsidized devices." ~CNBC
They already spelled it out. Same thing that Moffett pointed out for the 3Q. Without the installment plans being recognized up front (while installments are actually made monthly over two years) the earnings picture is a lot different. YOY after the adjustment for the game being played on phone sales recognized up front reflects a miss in top line and in bottom line. iPhone sales accounting trickery is what you are looking for Leonard.
LOL I have a beer or two on occasion. Your leader is taking AT&T into an AOL rerun with DTV. You will need a lot of beer when that day comes.
Your earnings haven't touched on funding of the pension shortfall. There is nothing of that post that has 'blown' up in my face. T now has a big liability on its balance sheet. With the pension shortfall, spectrum purchases and DTV purchase, the AT&T debt could balloon to $130B. Becoming highly leveraged at the same time pay TV product will come under pricing pressure and mobile is in a price war projected by some to get much worse.
My bet is Son will run out a 5G infrastructure similar to his network design in Japan. Wimax was a concept ahead of its time. 5G using millimeter spectrum predicted to have commercial roll out by 2020 but field trial by TMUS partnering with Ericsson is expected at the end of this year.
"This is why its so hard to take share away from the leaders. Google+Sprint+TM may address issues of coverage and quality better than S or TM alone"
Spot on TR. Google has a ton of fiber in not only the U.S. but major transocean fiber pipes as well as some China and EU fiber. The Google fiber network provides a backbone for 5G ambitions but 5G is small cell based which would be for population centers. Between Sprint working with rural carriers and its data accommodative spectrum and TMUS quickly expanding its network, Google will be provided some stop gap coverage with the MVNO portion. T and VZ aren't going to let Google into their parlor. TMUS and S becoming a wholesaler will help their fight against the duopoly. Maybe enough added to the coffers that the two little guys can expand rural coverage where JV agreements don't exist. GOOG is going to cause some big headaches for the likes of AT&T as well as VZ.
Yep, and the pace will only speed up on GOOG announcements going forward if the incumbents don't launch similar high bandwidth service to keep out Google. G.fast and DOCSIS 3.1 have much lower capex so incumbents do have a defense line they can deploy.....but will be pressured for net neutrality. Google will offer service without the fast lane and throttling garbage of incumbents.
Nothing to be nervous with VOD. They are pursuing best of breed ISP with fiber acquisitions and new builds from Germany to Spain to U.K. to Italy to Ireland to Greece to Portugal. All of those are acquisitions or new fiber builds being put in play. They are doing in the EU what Google is doing in the U.S. Buying or building fiber infrastructure. T meanwhile is buying DTV to avoid bandwidth consumption according to Stephenson interview a couple months ago.
LOL I've been LMAO as someone else has been lighting up the mb way more than I have. As much as you T longs don't like that my message isn't sunshine about DTV, this leonard fellow is lighting up the message board with tons of one liner nothings.
So your neighbor cable guy has clout? The same one that has been contradicted by your lead Klown Stephenson recognizing satellite is not the future? LOL You keep contradicting yourself crazy Klown.
Being a T long you would know about transvestites since AT&T picked up a white tranny with a tan thinking it was hot latino. DTV is mostly U.S. revenue (80%) with a little bit from Latin America. You are the one in for the surprise silly Klown. Looks fade Klown and so will DTV's as the high bandwidth networks coming to market are the new hot thing. Satellite's face lift attempt will be a plastic surgery gone bad as the latency issue will be unavoidable and the bandwidth vastly inferior. AT&T will wake up with a coyote ugly that it will lose an arm over before it can escape. Failed TMUS bid cost AT&T a couple fingers at the price tag of $6B but $70B is an arm. Stephenson should quit thinking with the wrong head and think with his brain. He goes for quantity instead of quality and it will give AT&T a disease. Shouldn't have been a cheap Richard and crawled in with the street corner tranny.
Motorola....Google buys, strips what it wants, sells the carcass.
Won't be a need for Google box. Use your smart phone as bandwidth expands over fixed line and mobile. Google TV box and any other OTT isn't going to be used until adequate bandwidth is supplied. That starts in 2015 and is full stride 2016.
Google's model is such indeed but they have been positioning for vertical integration for over a decade buying up the fiber pipes not only in the U.S. but around the globe from here to Japan to China to Europe. With 5G utilizing small cell technology (to remove the need for last leg phsical fixed line to consumers) layered on top of the fiber trunk, you then have the infrastructure necessary to be completely in house. Google not at the mercy of telecoms and cable co's holding them hostage/extortion at an IP toll booth. Net neutrality under Title II will break the incumbents monopoly foot dragging of high bandwidth deployment. Your GOP is making a last ditch effort to kill the FCC move. Google moving to become the integrated search provider on networks it controls and incumbents will have to provide like kind services at reasonable prices or get kicked to the curb. Build the bandwidth pipe or GOOG is going to come to town. GOOG just announced 18 new cities in four major metros today with mention of potential launch announcements for another five metros later this year.
You got smacked in the face for quoting a neighbor and you want to dog on a message board poster. Priceless stuff. DTV is a $68B dilution that will make the $6B TMUS blunder look like small change.
He began working for them right out of grammar school and is soon to be in assisted living or a nursing home..... He has went through a wild ride of getting the monopoly busted under ma bell and now much of it pieced back together. AT&T legacy name actually went belly up and one of the progeny came in and bought the remnants and assumed the name.
I don't have to wait for 2020. TMUS is already going to roll out some field trials with Ericsson at the end of this year.
I do have to disclose Facebook is targeting EU fiber as well and launched a fiber network. How far they pursue it is another matter. Vodafone is among the very few incumbet telcos already targeting the 5G infrastructure. VZ is on a moderate basis but limited to a regional fixed line market. The joined Comcast/Time Warner would have a real good position if they turn towards 5G technology instead of stalling the deployment of high bandwidth. It will have to be reasonably priced and without extortion toll booth for data or the likes of Google and Facebook will be kicking the communications door off its hinges. Those already with high debt leverage, unable to reposition with high bandwidth infrastructure as a primary ISP are fooked. Voice will be just an add on bundle like TV bundle products. Being the choice ISP is where the future is at. T is really ignorant leveraging up and diluting shareholders to purchase the dinosaur delivery model in satellite TV. The TV middleman game in bundling is about to have its profits deep sixed by IP TV delivery.