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Stock impact report

AT&T is still on the hook for offering landline service in California [Verge, The]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: Verge, The
With cellular service and VoIP widely available, AT&T argues that the ‘last resort' requirements for landline service are no longer necessary. Share this story AT&T can't pull the plug on landline service for customers across California. In a ruling on Thursday , the California Public Utilities Commission (CPUC) rejected AT&T's request to release it from its obligations as a Carrier of Last Resort (COLR), as reported earlier by Ars Technica and CBS News AT&T has had a COLR designation in California since 1996, which ensures everyone in the state has access to affordable and reliable telephone service. Some people in California — especially those who live in remote areas — have come to rely on their landline service, as it allows them to make emergency calls even when the power is out or cellular service isn't available. Earlier this year, AT&T asked CPUC to be released from its duties as a designated carrier, citing the wide availability of mobile service and VoIP. In its req Show less Read more
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