How Far Is AT&T From Elliott's Recommendations?

The transcript discusses the contrasting strategies of Elliott and Randall Stephenson regarding AT&T's future. Elliott seeks immediate value creation, while Stephenson focuses on long-term growth, aiming to transform AT&T into a telecom giant akin to Amazon. The dialogue highlights AT&T's response to Elliott's demands, including board seats and divestitures, and the company's financial goals. The discussion also touches on the potential breakup value of AT&T and the challenges in valuing its assets, such as wireless, wired, and Warner media.

What is Elliott Management's primary concern regarding AT&T's strategy?

• Environmental impact

• Employee satisfaction

• Long-term growth

• Immediate value creation

What is Randall Stephenson's vision for AT&T?

• To become a leading environmental company

• To transform into a telecom giant like Amazon

• To focus solely on wireless services

• To divest all media assets

How does AT&T plan to respond to Elliott Management's demands?

• By immediately replacing the management

• By engaging in constructive dialogue

• By selling all its assets

• By ignoring them

What are some of the business segments considered for AT&T's breakup value?

• Automotive, aerospace, and defense

• Wireless, wired, and Warner Media

• Retail, e-commerce, and logistics

• Healthcare, finance, and education

What challenge does AT&T face in selling its assets?

• High employee turnover

• Finding buyers for the assets

• Regulatory hurdles

• Lack of interest in wireless services