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AT&T to wind down California landlines as FCC clears plan
business13 days ago

AT&T to wind down California landlines as FCC clears plan

The FCC has cleared AT&T to phase out traditional landline service for more than 184,000 California households starting June 1, 2027, with notices urging customers to switch to newer technologies; AT&T says just 3% of California households still use landlines and plans a phased upgrade funded by $19 billion through 2030 as it moves away from aging copper networks. California regulators, led by the CPUC, have blocked AT&T’s efforts to shed its Carrier of Last Resort obligation and filed a lawsuit to preserve that basic-service requirement, while AT&T faces pending applications with the FCC and ongoing opposition from state regulators.

AT&T's Q2 Revenue Growth Boosts Stock Ahead of Earnings
business1 year ago

AT&T's Q2 Revenue Growth Boosts Stock Ahead of Earnings

AT&T's stock has surged this year due to strong performance in budget plans and fiber services, with investors optimistic about its upcoming earnings report, which is expected to show slight declines in earnings and revenue compared to the previous year. The positive results from Verizon also boost confidence in the telecom sector, suggesting potential further gains for AT&T if it can replicate Verizon's strong performance.

Nationwide Theft Ring Targets FedEx iPhone Deliveries
crime1 year ago

Nationwide Theft Ring Targets FedEx iPhone Deliveries

A nationwide theft ring is targeting FedEx deliveries of AT&T iPhones, using cellular data to track shipments and posing as delivery personnel to steal packages. The surge in thefts, which sometimes involve violence, has been reported in multiple states, with significant incidents in Northern Virginia and New York. Thieves often disguise themselves with DoorDash bags or Amazon vests to blend in, striking shortly after deliveries are made. Law enforcement and companies like AT&T and FedEx are working to combat these sophisticated criminal activities.