If you are a shareholder of T, you lost a year of gains in book value. If you look at the earnings of the company, you have lost significantly more than that.
That said, you did get a decent dividend that makes this a bit less painful.
All that for one botched acquisition.
I wonder how long the CEO will last.
Disclosure/Disclaimer: I own no financial instruments in regard to any of the companies mentioned. I reserve the right to change any of my positions at any time. This is not advice of any kind. Always do a ton of your own research in regard to anything that I say, do, write, or so much as even think about.
1 comments:
As a T mobile customer, I'm glad since ATT service is terrible. If I was a shareholder of either it is a devastating loss.
I can see how the SEC is stepping in since ATT would almost have a monopoly on SIM card service in the US.
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