by Angel Adegbesan | Sep 27, 2021
By Angel Adegbesan Despite spending billions of dollars on the rollout of the 5G high-speed network, investors are showing no love to the companies in the wireless communications sector. While the S&P 500 has risen 20% since February, AT&T (T) has...
by Willa Rubin | Dec 20, 2018
As streaming giants like Netflix and Hulu steal the stage, traditional pay TV is struggling to keep up. In AT&T’s corner, DirecTV is hemorrhaging satellite subscribers. “We’ve launched our last satellite,” John Donovan, CEO of AT&T Communications, told...
by Ben Foldy | Dec 18, 2018
AT&T CEO Randall Stephenson made a $67 billion bet on the media business in his acquisition of satellite tv provider DirecTV. Three years later, Stephenson doubled down on entertainment by paying even more–$80 billion– for Time Warner, in an effort to...
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