stephenson
Thinks s/he gets paid by the post
- Joined
- Jul 3, 2009
- Messages
- 1,614
Almost 8% dividend ... huge business base ... am I missing something in the basics?
Is AT&T's business base decaying?
AT&T's business base is indeed decaying. The company has been losing customers for years, and its revenue has been declining. In 2022, AT&T lost 2.1 million wireless customers, and its total revenue declined by 7%.
There are a number of reasons for AT&T's declining business base. One reason is the rise of competition from wireless carriers like T-Mobile and Verizon. These carriers have been offering more competitive pricing and better service, which has led to AT&T losing customers.
Another reason for AT&T's declining business base is the shift to streaming services. More and more people are cutting the cord and canceling their cable subscriptions. This has led to a decline in AT&T's video revenue.
AT&T is trying to address its declining business base by investing in new growth areas. The company is investing in wireless 5G, cloud computing, and cybersecurity. However, it remains to be seen whether these investments will be enough to reverse AT&T's decline.
Here are some of the factors that are contributing to AT&T's decaying business base:
It is too early to say whether AT&T's business base will continue to decay. However, the company faces some significant challenges that will need to be addressed if it wants to reverse its decline.
- The rise of competition from wireless carriers like T-Mobile and Verizon.
- The shift to streaming services.
- The decline of the traditional landline business.
- The company's debt load.
- The company's aging infrastructure.
Almost 8% dividend ... huge business base ... am I missing something in the basics?
The experience of cancelling At&t service at my parents house when they moved into an assisted living facility went so poorly that I sold At&t stock my mother owned that was purchased in the 1800's by her grandmother. No one who treats customers like they do will survive in business.
The experience of cancelling At&t service at my parents house when they moved into an assisted living facility went so poorly that I sold At&t stock my mother owned that was purchased in the 1800's by her grandmother. No one who treats customers like they do will survive in business.
Almost 8% dividend ... huge business base ... am I missing something in the basics?