AT&T's $180 Billion Debt Disaster...What Happened?

AT&T was once one of the most dominant companies in the world having been founded by Graham Bell himself. AT&T and telecommunications were synonymous within the US. In fact, AT&T was so dominant that they would be split up the US government into several smaller companies. Even after the split up, the core of AT&T was stronger than ever with a market cap in the hundreds of billions and hundreds of thousands of employees. But the 2000s haven’t been so kind to AT&T. Not only has the stock not made a new high in 24 years, but AT&T is one of the most indebted companies in the world with a peak debt of 180 billion dollars. Most of this is due to just a few majorly misguided guided acquisitions of DirecTV and Time Warner Cable. This video tells the story of how AT&T slowly lost it all by themselves.

Lock In 7% With Government Bonds:

https://www.silomarkets.com/logic

Free Weekly Newsletter With Insiders:

https://ppnewsletter.substack.com/

Socials:

https://www.instagram.com/hariharan.jayakumar/

Discord Community:

https://discord.gg/SJUNWNt

Timestamps:

0:00 - The Worst Acquisition Of All Time

3:33 - Doubling Down

8:08 - Damage Control

Resources:

https://pastebin.com/5wmW2Dh0

Disclaimer:

This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.

https://www.silomarkets.com/disclosures