How to spend $200+ Billion for a Train Wreck
Mills-Scofield
OCTOBER 23, 2016
2015: AT&T buys DirecTV for $49B. It led to a lot of spending with little success: 1999: AT&T pays $44B to buy the cable company TCI, creating AT&T Broadband. 2002: AT&T sells AT&T Broadband to Comcast for $47.5B after having invested about $58B more for a total of $102B in AT&T Broadband.
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