Page 2 - Wasted Money News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thu, Mar 4th 2021 7:01am Karl Bode We ve noted a few times how giant telecom providers, as companies that have spent the better part of the last century as government-pampered monopolies, are adorable when they try (then inevitably fail) to innovate or seriously compete in more normal markets. Verizon s attempt to pivot from curmudgeonly old phone company to sexy new ad media darling, for example, has been a cavalcade of clumsy errors, missteps, and wasted money. AT&T has seen similar issues. Under former CEO Randall Stephenson, AT&T spent nearly $200 billion on mergers with DirecTV and Time Warner, hoping this would secure its ability to dominate the pay TV space through brute force. But the exact opposite happened. Saddled with so much debt from the deal, AT&T passed on annoying price hikes to its consumers. It also embraced a branding strategy so damn confusing with so many different product names it even confused its own employees.

Randall stephensonTime warnerTechdirt teamAfter losing billions on itsSatellite tvWasted moneyAt tரேண்டால் ஸ்டீபன்சன்நேரம் எச்சரிக்கைசெயற்கைக்கோள் தொலைக்காட்சிவீணாகிறது பணம்இல் டி