Don't look unless your sitting down. Employees having the ATT Shares Fund in their 401k will see a big drop. The market see ATT has a problem based on Google offering to do fiber distribution for internet access. This will cause less use of the wireless option offered by ATT's DTV and potentially more free WIFI locations causing less use of data on cell phones. When they announced the expansion into Cuba for wireless service the stock dropped. Then type announced an agreement with HBO to offer services wirelessly the stock dropped again. The next announcement, "AT&T Becomes Primary Mobility Provider for the U.S. Department of Labor's Wage and Hour Division" caused another drop after they suggested only cell use to provide the services. Apparently no wireline services anywhere.
3 months ago 43.47 per share now 40.68 per share. All of the investment is in ATT stock Depending on how much you have in this area you lost big time. I have been receiving warnings from Fidelity and thought it was just a marketing notice.
This is just a small indication of the direction the company is heading and how the financial industry see ATT. The stock would probably rise if Randall was dumped and someone with a brain was put in place. He can go manage the Boy Scouts