TL;DR: AlphaSense was kind enough to sponsor a free expert call with me and Tom Wheeler, the former head of the FCC. It’s a fascinating time for the telecom industry, and we discussed a whole range of issues, including fiber overbuilding, satellite internet (starlink), spectrum issues, the broadcaster cap, M&A potential, and a bunch more. If you’re interested
man that would be embarassing! No, you're using the financial statement number, which doesn't include the partnership units. look at the share count supplemental; it matches my number.
You bring up Verizon, curious about your thoughts on $T (AT&T), especially since they are now embarking on a capital return journey (Share buybacks) starting H2 2025.
Did you pick up the wrong share count for CHTR? I think it should be ~145 fully diluted as of 12/31/24, not ~161.
man that would be embarassing! No, you're using the financial statement number, which doesn't include the partnership units. look at the share count supplemental; it matches my number.
makes sense. love the attention to detail as well as conservative assumption in including them
You bring up Verizon, curious about your thoughts on $T (AT&T), especially since they are now embarking on a capital return journey (Share buybacks) starting H2 2025.
Think it's a very similar case! Just thought it was easier / cleaner to make with VZ!!!!
it's interesting that VZ and TMUS buying fiber is them effectively trying to recreate T's organic strategy