My neighbor came by yesterday to exchange Christmas presents. She told her a good friend of hers husband was let go from AT&T last week. He was told by his manager there was no work due to no growth in the area.
This is sad as an investor.
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That might be why all of a sudden ATT is running fiber in my neighborhood (in Alpharetta) after pretty much ignoring it for years, ceding it to Comcast. I get 1gig (almost) down, 40 up vs 24 up 6 down for ATT for 55 (plus 17 for a mobile I dont really use) and the att is 55 for that snail pace. I have ATT as backup since both my wife and I work from home.
Layoffs in December?
He obviously was not in SSIM. No work no problems.
No what is sad is that there are still those that buy T stock.
don't worry stank and rand will save the company they have done wonders so far.
lol this is my wife telling a story, too much unnecessary info.