AT&T, Verizon, Frontier, and Lumen all get hammered after lead-cable reports.

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.

    • MSids@lemmy.sdf.orgEnglish
      1·
      1 year 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.