this post was submitted on 18 Jul 2023
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AT&T stock fell to 29-year low on Friday and sank another 6.7% today (arstechnica.com)
submitted 2 years ago by PopBobert@lemmy.world to c/technology@lemmy.world
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AT&T's stock price hit a 29-year low on Friday and continued to sink today as investors fled telecom stocks on reports that cleanups of lead-covered telephone cables could cost the industry tens of billions of dollars.

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[–] MSids@lemmy.sdf.org 1 points 2 years ago* (last edited 2 years ago)

We don't need the bandwidth. We need the physical PRI circuits for our legacy PBX. We will be migrated off by September for sure. The price is more than tripled after the circuits were deregulated.