AT&T

And we've seen that those land owners of those cell servers got really good increases in their stock this week because SpaceX is going to go into the wireless game.

And that hurt Verizon and AT&T and different things.

But what could you use for the city ones? We talked about city.

You can't use satellites because there's all these buildings in the way.

But in theory, I mean, what they're doing is very smart.

You have all these Teslas help build to your network.

You already got your satellites, which helps give you connectivity pretty much anywhere, even when you're in the middle of Sabino Canyon, right? All of a sudden, yeah, maybe I don't want to be with Verizon or AT&T because I got the best network with SpaceX.

And then where to go into SpaceX that helps them fund their next level of space explorations that they need to be doing.

You know, I was running a corporation called InterVM Corporation.

I was executive VP and We were helping AT&T through their divestiture back in the 80s, and it really gave me a glaring example of what bad leadership is and the results of that bad leadership.

So it's just been an ongoing learning experience.

Even now, of course, working with amazing leaders from throughout the world, I'm still honing what I recognize is true leadership.

And then all of a sudden the communication is enhanced.

I see it oftentimes.

I certainly saw it in AT&T.

That really being the initial point where I noticed it is.

for everything.

But I think, I think about like traditional big bar, you know, AT&T being one of the most indebted companies on earth.

And you know, SpaceX is, I'm surprised AT&T and Verizon aren't down significantly more than they are thinking about how the potential for SpaceX to disrupt the existing sort of telecom space and it's everyone have a space phone in their hand but that These huge traditional borrowers are gonna be refining at Dramatically higher rates in my estimation, right?

Yeah, and

that changes

I think Randy came in as a person who really had not grown up in the industry.

His career had been at AT&T.

He was a board member at Lilly and then subsequently became CEO.

But I think Randy had a business sense and a business intuition that enabled him to maybe take some different approaches as CEO and put Lilly back on a growth track.

Yeah, sure, they could just buy all of them.

Why not buy AT&T and Timo also? That one might not get through antitrust regulators, even for Elon Musk.

He did make it clear, by the way, Shulman, that they will not offer these so-called MVNO to any satellite providers, including SpaceX.

There had been some discussion or at least some thought, I think you've even mentioned it, that maybe they hadn't been heard from yet in terms of saying no.

I just say, listen, why do I want to be in Verizon? Why do I want to be in

AT&T? You're not alone because, I mean, basically the owners of all three of the majors, Timo, AT&T, and Verizon, have been selling the shares as the competitive threat from Starlink has continued to grow.

Right.

As we've reported many times, as Starlink starts to put together a real... terrestrial network to offer wireless services.

I mean, you did a drug deal on the telephone.

It wasn't AT&T that goes to jail or gets fined.

It was the two people involved.

They don't know what your conversation is.

All is well with the earth.

I switched to AT&T this weekend.

Oh, really? Yes.

After 28 years with Paragon slash Time Warner slash Spectrum.

BL.

You're not going to sue Southern Bell or AT&T or Verizon.

I'm going to say,

Rob, who can we sue?