nasadude
join:2001-10-05
Rockville, MD
 ·Comcast
| reply to TKJunkMail
Re: And here I thought they were making obscene profits
said by TKJunkMail  :Where have all the obscene profits gone? ... I don't know - you tell me:
quote:
AT&T’s (News - Alert) second quarter profit jumped 30 percent, powered by the addition of 1.3 million new wireless customers. As expected, landline losses accelerated: Legacy phone lines shrank 8.1 percent to 58.9 million total lines from 64.8 million.
landline and broadband declining, so ATT laying off workers in that area. Apparently, they are still making "obscene" profits in the wireless area so the money is going somewhere (shareholders and execs?). |
