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.

  • Bobert@sh.itjust.worksEnglish
    1·
    1 year ago

    They’re gonna charge you whatever you’re willing to pay. They don’t run T1 anymore and are just squeezing the blood from the stone before they rip it down and toss it out.

    • MSids@lemmy.sdf.orgEnglish
      2·
      1 year ago

      We will be migrated off by September for sure. The price is more than tripled after the circuits were deregulated