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AT&T stock fell to 29-year low on Friday and sank another 6.7% today
(arstechnica.com)
This is a most excellent place for technology news and articles.
They are going to use this as an excuse to finally have to get out of providing (POTS) land line service. Expect them to spin off a subsidiary that owns all this old infrastructure, declare bankruptcy, and either get a bail out to repair the cable of they convince the regulators to let them kill off POTS for good.