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by waydowntogo 2906 days ago
Seriously?

AT&T just spent $85bln and someone believes the prices will be lower?!
1 comments
selectodude 2906 days ago
AT&T bought assets with that money. They're receiving income that in theory should be offsetting what they spent. It's not like they bought a car and a nice dinner. The money isn't gone.
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waydowntogo 2906 days ago
The money isn't gone but cash-flow is.

With this step they will have better cash-flow earlier.

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selectodude 2906 days ago
Yes, raising prices tends to do that. Doesn't mean they had to in order to finance the deal. They did it because they could.
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