Where management positioned this company, saddled by debt, should be a case study at HBS. The winners were the smart guys at DirectTV and Time Warner who saw the writing on the wall and sold the Texans some high-priced merchandise and bolted. They saw the market change and vamoosed!
If you own T shares look in the mirror. That $9,000 a day for life still rubs me wrong........ so many great employees and their retirements impacted.
The Board of Directors needs to look in the mirror.
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