So, I don't unnnerstan how Voya has AT&T butt doesn't have the remnants of the Baby Bells and Lucent-Alcatel-whatever?
Did it decide to keep post-split AT&T (which was at the time basically just longlines and overseas lines) and dump the RBOCs and Lucent right after the split-up? Or did they hold them for some period? Of course now they have AT&T Wireless I suppose - butt that's not the issue - the RBOCs and Lucent are.
I wonder what rules they follow to 'keep the portfolio at 0 percent turnover' with spinoffs?