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Shareholder Revolt at AT&T & Verizon

December 29, 2018

Leftist bias at CNN owned by AT&T and at Verizon Fios and Yahoo owned by Verizon compels us to ask these telecom entities “Why?”

The President of Verizon is Hans Vestburg and its media subsidiary, “Oath,” is headed by K. Guru Gowrappan. Executives from Germany and an Indian from India are not likely to have watched Howdy Doody and Buffalo Bob or Roy Rogers and Dale Evans on TV while growing up, so insensitivity to the nuances of political culture in America at Verizon may be excused.

But, the head of AT&T is Randall Lynn Stephenson who went to the University of Oklahoma and spent a good portion of his career in the southwest. That certainly makes him feel out of sorts when visiting with CNN’s Jeff Zucker who went to the same high school–North Miami High–where I spent 11th and 12th grades.

Based on the bias of Vestburg, Gowrappan and Stephenson’s media properties, it seems that AT&T and Verizon are over their heads when it comes to objective decisions in news reporting and content. Like Facebook, that is now coming under Congressional scrutiny, these media executives oversee operations that are too big to be concerned about the sensitivities of political conservatives. Nor can conservatives who watch CNN or subscribe to Fios affect policy by subscribing to a competitor. It’s even worse at MSNBC which is wholly owned by a Philadelphia billionaire, Brian L. Roberts.

Now may be time to organize shareholder revolts at AT&T and Verizon and for the House Freedom Caucus and a conservative U.S. Senator (if there are any, besides Tom Cotton), to raise a little hell and scare the Government Relations people at these two telecom giants.



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