AT&T's 5G Crisis, Nikola Disappoints Investors
In this episode, Shamus Madan discusses the US government's 5G satellite auction and its implications for AT&T, including an analysis of its financial situation and potential strategies. He also delves into Nikola's cancellation of their electric garbage truck deal, comparing their business strategies with Tesla. The episode concludes with a lesson on the power of early investing and compound interest.
Key Points
- The US government's auction of 3450-3550 MHz satellites for 5G expansion could be problematic for AT&T due to their financial situation, with significant debt from previous acquisitions like DirecTV.
- Nikola's cancellation of their electric garbage truck deal with Republic Services adds to the company's history of not meeting expectations, contrasting with Tesla's diversified business strategy and production achievements in the electric vehicle industry.
- Investing small amounts early in life, particularly in high-interest savings accounts or the S&P 500, can significantly benefit from the power of compounded interest over time, leading to substantially higher returns.
Story #1: The US Government is auctioning off 3450MHz - 3550MHz satellites (which are used for 5G) to wireless companies like Verizon, T-Mobile and AT&T to build up their 5G networks. This is great news for the future of 5G but why might this be a problem for AT&T?
Story #2: Nikola disappoints investors yet again and cancels the electric garbage truck. And How could this affect the electric car industry?
Chapters
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| 0:33 | |
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| 3:31 | |
| 4:17 | |
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| 5:14 |
Transcript
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