Comment Re:Clever? (Score 1) 229
Yet AT&T profited by $7.3 billion last year, which is enough to replace 2.3% of their assets (including buildings and wires).
Assuming those number are right, they could make more money by selling all their stuff and investing the money in 10-year treasury bonds. The yield there is a bit over 3%, and not quite as risky as operating a business.