 rachelsfx
join:2004-09-27 Pensacola, FL
| Re: AT&T is deluding itself T has to accept $21 billion in BLS debt. The original price was $77-78 billion plus the debt making it a near $100 billion merger.
It doesn't really matter: T shareholders will get the stick since it is a "cashless" merger.
If you figure the market value drop of T then BLS stock dropping too, one could argue a replay of Time Warner writing off AOL. In the end, T stockholders will pay dearly for the buyout unless they are willing to wait a few years providing T doesn't bungle it (or continue to lose 3 million POTS customers a quarter).
Exactly where is BLS and T putting VDSL2? 3000 ft from the CO which leaves out what 85% of customers??? |