I am strongly on board with the subsidy theory. This wouldn't be the first time.
Looking at what this is doing to the stock price of AT&T adds another potential item to your list:
Hedge funds pushing well-timed narratives to their benefit.
Looking at what this is doing to the stock price of AT&T adds another potential item to your list:
Hedge funds pushing well-timed narratives to their benefit.
https://en.wikipedia.org/wiki/Breakup_of_the_Bell_System
The post-breakup structure diagram is all I needed to see.
50/50 $T/$VZ long. Ez mode.