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.
Typically, the last mile is often not fiber. Telecoms are generally required to continue non-voip land line service. Its one of those regulations that, despite having good intentions, end up causing issues.
Honestly it's a mess (lemmy.world)
PostgreSQL 16 Released (www.postgresql.org)
AT&T stock fell to 29-year low on Friday and sank another 6.7% today (arstechnica.com)
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.
What's the worst company ever. Period.
Nestle? Spectrum? Some random company nobody knows about?