Any idea what lit a fire in the last hour of trade in the ADRs? GBP getting pounded last couple days too so was really surprised to open up my web browser and find ADRs not that red for the close of the day after the London listing was smashed and ADRs were getting smashed early. Strange stuff.
Hardly. 51 changes since it was started in 1896. Frequently would be more often than+two years having just one a couple companies moved. The movement in or out of the Dow is really just a signal of the symptoms. A great many over the past 50 years I reviewed went bankrupt or had very near brushes of bankruptcy. Coca Cola about the only to leave and come back in fine form. The original AT&T was head towards bankruptcy when SBC bought what was left of the poor decisions and assumed the name of ma bell. Getting booted from the Dow not a good omen.
So screaming that AT&T was kicked out of the Dow. ROFL
Your klown appears to be betting the future on the democrats losing control of the WH. The chief klown appears to be complacent in the Title II question and dances on the question about Title II on DTV. All FCC has to do is make the deal contingent on acceptance of such. Poison pill inserted. Does the klown ignorantly swallow?
I do not use multiple IDs like you do klown. Never posted with anything but Smalls ID on Yahoo mb.
The recent classic AT&T service story I have was field tech getting put on hold and bounced around different departments for about an hour in order to get my VOIP service installed correctly. The klowns at T play a circle jerking act on their own employees. I was laughing the as he even cursed his own people for reading script responses.
Without net neutrality and reasonably priced stand alone service you have reason for the FCC and DOJ to deny the DTV merger in full. DTV and Title II acceptance or blocked on the basis of too much market concentration in pay TV.
As far as NN, ISP customers are NOT always getting what they pay for. They are paying for bandwidth delivery but yet they don't get the delivery if it is from a competing video supplier. No fair and square in that equation.
Odds increasing of AT&T being forced to swallow FCC's Title II for DTV approval given the call by competitors asking for as much, Netflix, Cogent, DISH.....just want a level playing field, not a denial of the merger. Given FCC move for Title II that is in line with what the competition is asking for one would guess AT&T gets a conditional approval. Stephenson acceptance of Title II would result in a poison pill being swallowed. The question upon conditional approval would be if Stephenson would swallow the condition.....tongue in his cheek!.
FCC should require the acceptance of Title II for the merger approval. IF conditional approval happens then the question remains if Stephenson is ignorant enough to swallow that pill.
You chastise me for "will" but then ask for my outlook of DTV for the next three years.
Nickname for the Klown act: "The Soloist"
I'm not single in my 40's like the klown act here who is still double dating Rosy Palmer and Palmela Handerson. The klown was the one spending a Friday night in his basement. I did spend a couple hours in the basement late Saturday afternoon watching the tube as rain forced me inside for awhile. Playing outside for the balance of the weekend beyond that. Hosted kid's soccer team for a pool party yesterday and went for a dip as well.
Your call for fresh air for me is uncalled for as I had plenty ....and I do not live next to the klown.
Contraire Tiglet. $48B in Cash and stock PLUS the assumption of $20B in debt on DTV's balance sheet. Add in some advisory fees and legal costs and you are approaching a $70B gamble for pay TV bundlers to prevent new competition.
Vincent, the WSJ opinion piece. Even Netflix doesn't think it should be blocked BUT BUT BUT that the approval should have conditions which would pretty much be AT&T accepting Title II rules that they are fighting against in court. FCC could very well approve the merger but the question would be if Stephenson would accept the conditional approval stink bait that opens the door to fair competition among not only pay TV providers but for ISPs as well. The stink bait that removes competitive barrier and will make for an influx of pay TV competition killing the pricing power for DTV.
The key for DTV Mexico is that it is a minority ownership in that market. My math hits the mark and why the klown show won't touch it. As for outlooks.....Nearly 70% of M&A's don't hit their claimed synergies. No reason to believe AT&T management will beat the curve when they so poorly guided for 2014. $400-500 million synergies likely, not 1.6B or the 2.5B that T is now claiming. Most of the big growth is over in Latin America. Penetration is approaching 60% vs. what in the U.S.? ....in a lesser set of economies than the U.S. Even if penetration in Latin America breaks 80%, THE MAJORITY OF GROWTH IS OVER for Latin America. The additional growth will be shared with other pay TV pipes outside of satellite, including IP based TV.
AT&T is betting on Title II being beaten in court or altered by Congress. It was the courts that stated ISP needed to be classed Title II for FCC to impose net neutrality. Now tell me why the court would tell the FCC it essentially needed to move ISP to Title II if it was not within the FCC's power. Second, legal moves by Congress to dump Title II would be a waste as it would appear Obummer would block anything across his desk killing the FCC's move to impose net neutrality. You're the better part of two years out if the Dems lose the WH before Congress can save the cartels attempt to stifle ISP and pay TV competition. Still believe the DOJ should sue the Cable and Telco associations for operating a cartel in violation of the Sherman Antitrust Act. That would rock the boys club on their heals....and bring true high speed broadband investment by many that are being prevented from entering or expanding their ISP position.
LOL So you bought a blow up doll with a tan. Not surprised as you also like latino tranny with a tan.... Loser at home on a Friday night with his blow up at his side digging through years old posts of another poster.
Looks like his bet is that the courts or congress will save protect his $68B wager on DTV. Given his expectation that the FCC action won't hold water, FCC should deny the DTV merger based on Stephenson's assumption it will be struck down and the market concentration in overlapping UverseTV and DTV markets would harm consumers. ......or FCC require AT&T to accept the Title II provisions to gain approval. Will be interesting....
Getting leveraged up to gain zero new FCF after divvy expense just to expose AT&T to a market barrier about to collapse. Over two months now and the klown can't seem to discuss the matter. Keep dancing around the issue klown.
As much as you've dug through my Yahoo mb posts you would know I exited BV looong ago. I walked away after BV lost a court decision with my shirt still intact. What a klown. Now, would you like to compare AT&T against VOD? ROFL AT&T down double digits since Stephenson took the helm.....down on one year....down on three year.
I see the klown act deleted a bunch of posts again. Hiding the ignorance I suppose.
Gutted? LOL Loser....single guy at home pounding the pud during a basketball game and digging through years old posts of mine. Who is the loser here? LOL
Worth mid $40's today because Vodafone is "on the right track" Given they are on the track as opposed to at the destination, a takeover worth solid $50 or better. Being patient will get VOD shareholders the destination value without a bid.
If AT&T cuts the deal with DTV then I don't see how it will be able to cut a deal for VOD for a long time IF ever. If VZ wanted to crawl in bed with VOD then I tend to think the would have went for the whole enchilada and merged. It was reported a merger was discussed but couldn't come to agreement. The only odds left is a few middle field players attack VOD for its sum of parts and split the meat amongst them. It was once rumored AT&T was going to take EU, Orange take Africa, and India etc going to China Mobile. Since T has decided to bite into meat that is about to go rotten (DTV), recent rumor had it that Liberty might take VOD EU meat and find partners for the balance. Colao needs to make them put up or shut up because Vodafone is indeed on the right track.
"he knows his activity here is border-line illegal." Really, klown? Not even close. I suppose you call Morningstar's report rating AT&T management as poor stewards of capital borderline illegal too. You really are a klown act.
It appears AT&T is the one who is bordering on illegal according to the many lawsuits including the recent discrimination that names Stephenson and the BOD in a claim of attempted cover up. See: NAAAOM and Entertainment Studios to Amend $10 Billion Lawsuit against AT&T and DirecTV to Include the Newly Discovered Evidence of Racial Discrimination and Cover-up
.....and you want to accuse me of border line illegal acts. ROFL
I see you still won't touch the numbers....
So the "will or won't" about synergies should be thrown out the window. I fully agree since nearly 70% of all mergers fail to achieve the claimed synergies. The FCF of DTV is per their 2014 report and the arrangement for stock issued to purchase DTV is set as well....and the debt issuance....and the interest rate costs.... I can use "are" instead of "will" but the klown act should be gagged. I see you didn't chastise the klown for his topic yesterday titled "Huge new Cash Flow from DTV WILL help retire debt". You klowns only want sunshine posted on this mb. Not happening.
Yes. AT&T down double digits since Stephenson took the helm in 2007. Flat for three year and down 6% on the 1 yr. The one that is in for "it" is T shareholders if AT&T buys the AOL rerun of DTV.