AT&T sues California in bid to stop offering traditional phone service
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AT&T Inc T | 0.00 |
May 20 (Reuters) - AT&T T.N on Wednesday filed a suit seeking a court order declaring it does not have to continue offering traditional copper wire phone service to new customers as it vowed to spend $19 billion on modern telecom services.
California requires the U.S. wireless carrier to spend $1 billion annually to maintain a century-old telephone network that few use, AT&T said, saying the network now serves just 3% of households in AT&T’s California territory.
