News for hackers. Stuff that matters.

A comment on AT&T promised lower prices after Time Warner merger, but it’s raising them.

Re:AT&T promised lower prices after Time Warner merger, but ... by waydowntogo on Monday July 02, 2018 @05:58PM (#17445701)
Seriously?

AT&T just spent $85bln and someone believes the prices will be lower?!

[ Parent | on HN ]
Re:AT&T promised lower prices after Time Warner merger, but ... by selectodude on Monday July 02, 2018 @06:16PM (#17445841)
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.
[ Parent | on HN ]
Re:AT&T promised lower prices after Time Warner merger, but ... by waydowntogo on Monday July 02, 2018 @06:20PM (#17445859)
The money isn't gone but cash-flow is.

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

[ Parent | on HN ]
Re:AT&T promised lower prices after Time Warner merger, but ... by selectodude on Monday July 02, 2018 @06:37PM (#17445962)
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.
[ Parent | on HN ]