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The Telecom Digest for Mon, 16 Sep 2019
Volume 38 : Issue 259 : "text" format

Table of contents
20,000 AT&T workers in the South went on strike – and won Bill Horne
Stay out of AT&T's – and CNN's – business, Mr. President Bill Horne
There Is No Tech BacklashMonty Solomon
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---------------------------------------------------------------------- Message-ID: <20190915221058.GA26385@telecom.csail.mit.edu> Date: Sun, 15 Sep 2019 22:10:58 +0000 From: Bill Horne <bill@horneQRM.net> Subject: 20,000 AT&T workers in the South went on strike - and won By Carly Berlin Just ahead of Labor Day, AT&T workers participated in the South's largest private-sector strike in a decade. Over 20,000 AT&T Southeast workers went on strike in nine Southern states beginning August 23, protesting unfair labor practices committed by AT&T management during contract negotiations, the Communications Workers of America announced in a press release. https://www.scalawagmagazine.org/2019/09/att-strike/ -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20190915215547.GA26167@telecom.csail.mit.edu> Date: Sun, 15 Sep 2019 21:55:47 +0000 From: Bill Horne <bill@horneQRM.net> Subject: Stay out of AT&T's - and CNN's - business, Mr. President ONE OF Wall Street's biggest hedge funds, Elliott Management Corp., led by the billionaire investor Paul Singer, has the conglomerate AT&T in its crosshairs. The hedge fund, with $38 billion under management, disclosed it has acquired $3.2 billion of AT&T and is launching a campaign to shake up the company. This is a tactic used by activist investors who seek to change underperforming companies by slicing costs, divesting non-core assets and streamlining bureaucracy, among other things. A letter from Elliott calls on AT&T to make significant changes. Notably, the letter questions the logic of AT&T's $106 billion acquisition of Time Warner in 2016, a merger the Trump administration tried in vain to stop. Elliot Management says, "AT&T has yet to articulate a clear strategic rationale for why AT&T needs to own Time Warner," and "we remain cautious on the benefits of this combination." The hedge fund calls on AT&T to review assets for possible divestiture. https://www.washingtonpost.com/opinions/stay-out-of-atandts--and-cnns--business-mr-president/2019/09/13/3f42efc8-d4bf-11e9-86ac-0f250cc91758_story.html?noredirect=on -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <35A6BC3C-216E-4F5D-9D55-E18CC2A8038F@roscom.com> Date: 14 Sep 2019 22:46:15 -0400 From: "Monty Solomon" <monty@roscom.com> Subject: There Is No Tech Backlash There Is No Tech Backlash Worse, we think there is one. By Rob Walker It's fun, and increasingly fashionable, to complain about technology. Our own devices distract us, others' devices spy on us, social media companies poison public discourse, new wired objects violate our privacy, and all of this contributes to a general sense of runaway change careening beyond our control. No wonder there's a tech backlash. https://www.nytimes.com/2019/09/14/opinion/tech-backlash.html ------------------------------ ********************************************* End of telecom Digest Mon, 16 Sep 2019

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