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 the breakup value of AT&T according to the discussion, and what factors influence this valuation?

What challenges does AT&T face in selling its assets as mentioned in the conversation?