California Rejects AT&T Bid To Stop Offering Landline Service In Some Areas By Reuters | Old North State Wealth News
Connect with us


California rejects AT&T bid to stop offering landline service in some areas By Reuters



(Reuters) – A California state agency said on Thursday it had rejected AT&T (NYSE:)’s bid to be able to stop offering landline telephone service and other services as the “carrier of last resort.”

Marin County said AT&T’s request made in March 2023 would have ended services to over 580,000 eligible households throughout the state.

The California Public Utilities Commission said in rejecting AT&T’s request that the decision did not prevent AT&T from retiring facilities or from investing in fiber or other facilities or technologies to improve its network.

Read the full article here


Copyright © 2022 ONSWM News. Content posted on the Old North State Wealth News page was developed and produced by a third party news aggregation service. Old North State Wealth Management is not affiliated with the news aggregation service. The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date the articles were published. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed.