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(BNNBloomberg)   AT&T now officially sucks less, but here that's like saying the ocean is slightly less salty   (bnnbloomberg.ca) divider line
    More: Followup, Corporate finance, DirecTV, Satellite television, AT&T Inc., Kohlberg Kravis Roberts, Business, new entity, AT&T  
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753 clicks; posted to Business » on 03 Aug 2021 at 1:50 PM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



10 Comments     (+0 »)
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2021-08-03 2:00:04 PM  
Had DirecTV for many years (started when it was still called Primestar). Had no issues for most of that time, until AT&T took over. Went straight to hell shortly after and we finally cut the cord about a year and a half ago. I don't expect the company will last long as a stand alone entity.
 
2021-08-03 2:10:35 PM  

chevydeuce: Had DirecTV for many years (started when it was still called Primestar). Had no issues for most of that time, until AT&T took over. Went straight to hell shortly after and we finally cut the cord about a year and a half ago. I don't expect the company will last long as a stand alone entity.


This is actually about the "cutting the cord" part of the business, the streaming service att.tv.
 
2021-08-03 2:41:32 PM  
With that huge chunk of ice that fell off Greenland last week, the ocean really is a bit less salty. As with AT&T's suckage, it'll return to normal levels in no time.
 
2021-08-03 3:55:30 PM  
Cool, so does that mean I'll quit getting calls from AT&T scammers trying to sell me DirectTV?

Also, if you could quit sending me ads for the U-verse service that you can't install on my block even though the VRAD is 400 feet from my front door, that'd be great.
 
2021-08-03 6:35:05 PM  
I just got att fiber yesterday. Cats and dogs living together, I tells ya.
 
2021-08-03 7:30:24 PM  

shroom: Also, if you could quit sending me ads for the U-verse service that you can't install on my block even though the VRAD is 400 feet from my front door, that'd be great.


On the positive, AT&T is *finally* getting serious about running GPON fiber in many parts of the larger metro areas in their footprint.  (God help you, smaller towns). They *could* have been doing this, town by town, since 2004 or so. Like Verizon, and like telcos in 50 other developed nations.  Or, they could have blown several billion dollars in clearly obsolete when installed power-hog VRADs and the rest of the U-Verse garbage pile.  Better late than never, I guess, but now that most such places have gigabit DOCSIS, it's still a catch-up move.

On the negative, AT&Ts fiber install low-bid subcontractors are frequently atrocious.  They've hit at least a half-dozen gas or water pipes in my not-huge town in the last few months.

AT&T Fiber Install (edited)
Youtube duSszQ0Y-IQ
 
2021-08-03 8:48:54 PM  

McGrits: I just got att fiber yesterday. Cats and dogs living together, I tells ya.


I figure AT&T will get fiber to my neighborhood by the year 3000. They didn't even bother installing VRADs here when they were pushing Uverse. Until then, I'm stuck on Spectrum.
 
2021-08-03 10:25:25 PM  
I remember when this was a blockbuster purchase for AT&T. Now it goes out like a whimper.//
 
2021-08-04 4:21:55 PM  

shroom: Cool, so does that mean I'll quit getting calls from AT&T scammers trying to sell me DirectTV?

Also, if you could quit sending me ads for the U-verse service that you can't install on my block even though the VRAD is 400 feet from my front door, that'd be great.


No.  Because despite what people say, AT&T STILL OWNS DIRECTTV.  They were simply able to sell a 30% stake in it to a private equity firm.  So now instead of owning 100% of it, they own 70% of it.  They still control it, they still own it.  They simply got some money to pay down debt.  That's it.

Although UNLIKE warnermedia, they WANTED to sell it.  But no one is stupid enough to buy it at this point, so they took what they could get.

/AT&T will still own WarnerMedia too for that matter.  They're merely merging it to create a bigger company.
 
2021-08-04 5:51:48 PM  

jake3988: shroom: Cool, so does that mean I'll quit getting calls from AT&T scammers trying to sell me DirectTV?

Also, if you could quit sending me ads for the U-verse service that you can't install on my block even though the VRAD is 400 feet from my front door, that'd be great.

No.  Because despite what people say, AT&T STILL OWNS DIRECTTV.  They were simply able to sell a 30% stake in it to a private equity firm.  So now instead of owning 100% of it, they own 70% of it.  They still control it, they still own it.  They simply got some money to pay down debt.  That's it.

Although UNLIKE warnermedia, they WANTED to sell it.  But no one is stupid enough to buy it at this point, so they took what they could get.

/AT&T will still own WarnerMedia too for that matter.  They're merely merging it to create a bigger company.


Warner is going to AT&T's shareholders, which is not the same as AT&T. It will be a separately traded company.

It doesn't help the fact that HBO "max" is still technically (maybe not content-wise) inferior to its streaming peers.
 
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