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AT&T to boost capex by $1 billion, pay out $200 million in bonuses after tax bill is signed
Market Watch ^ | 12/20/2017 | Tomi Kilgore

Posted on 12/20/2017 12:03:59 PM PST by knittnmom

AT&T Inc. T, +1.24% said it plans to boost capital spending by $1 billion, and pay out more than $200 million in employee bonuses, once the tax bill approved by Congress is signed into law. The telecom company for the bonuses, it will pay a $1,000 special bonus to more than 200,000 employees in the U.S., all who are union-represented, non-management and front-line managers. The company said if President Donald Trump signs the bill before Christmas, the bonuses will be paid over the holidays. "This tax reform will drive economic growth and create good-paying jobs," said Chief Executive Randall Stephenson.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: bonus; budget
As a customer, I hope they also reduce their rates!
1 posted on 12/20/2017 12:03:59 PM PST by knittnmom
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To: knittnmom

“Hi, this is Jeff from AT&T U-Verse Tier Two Member Care. How may I provide you with excellent service today?”


2 posted on 12/20/2017 12:07:59 PM PST by Jeff Chandler (Headline: Muslims Fear Backlash from Tomorrow's Terror Attack - Mark Steyn)
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To: knittnmom

HAHAHAHAHAHA! Yah, right.


3 posted on 12/20/2017 12:08:20 PM PST by glock rocks (... so much win!)
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To: knittnmom

When will Smucky and Pelosi insist that loyal Rat employees of AT&T send this tainted money back?


4 posted on 12/20/2017 12:08:56 PM PST by hardspunned
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To: knittnmom

An instant $200 million boost to local economies.


5 posted on 12/20/2017 12:09:55 PM PST by DoughtyOne (McConnell, Ryan, and the whole GOPe are dead to me. Are Alabamans tired of winning?)
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To: DoughtyOne
An instant $200 million boost to local economies.

Winning all around!

6 posted on 12/20/2017 12:11:06 PM PST by knittnmom
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To: knittnmom

Hey! What about the stockholders? Another nickel on the divvy would be nice...


7 posted on 12/20/2017 12:12:15 PM PST by proxy_user
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To: knittnmom

You bet!


8 posted on 12/20/2017 12:12:27 PM PST by DoughtyOne (McConnell, Ryan, and the whole GOPe are dead to me. Are Alabamans tired of winning?)
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To: knittnmom

What????

But what about the non employees?

This isn’t FAIR at all.


9 posted on 12/20/2017 12:26:13 PM PST by Professional
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To: knittnmom
The company said if President Donald Trump signs the bill before Christmas

This is NOT as good as it seems. President Trump wants to delay signing until 2018 with the hope the Congress fixes the Medicare reductions that stem from the tax bill. AT&T putting the pressure on the President to sign before Christmas, forcing the Medicare issue in 2018

10 posted on 12/20/2017 12:26:46 PM PST by Zuben Elgenubi (NOPe to GOPe)
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To: proxy_user

I’m a happy stockholder (+15% in the last 2 months). For the price of a nickel, I would like them to have happy employees.


11 posted on 12/20/2017 12:29:15 PM PST by the_Watchman
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To: hardspunned
When will Smucky and Pelosi insist that loyal Rat employees of AT&T send this tainted money back?

Don't be silly. They'll insist they send it to them!

12 posted on 12/20/2017 12:30:24 PM PST by null and void (The internet gave everyone a mouth. It gave no one a brain.)
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To: knittnmom

I’d rather have Mobile Gigabit! It’s coming!!!


13 posted on 12/20/2017 12:30:57 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: knittnmom

Maybe they’ll put some money into the Northern Ill infrastructure and got the internet up over 3 Mbps.


14 posted on 12/20/2017 1:11:44 PM PST by budj (Damn the torpedoes, full speed ahead!)
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To: knittnmom

Nice...


15 posted on 12/20/2017 7:54:18 PM PST by ConservaTeen (Islam is Not the Religion of Peace, but The religion of Pedophilia...)
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