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AT&T to Leave Residential Business

Posted by ryuzaki0 on from the screw-you-guys-i'm-going-corporate dept.

Herve writes "Just got it from a press release on the AT&T website: 'AT&T will no longer be competing for residential local and standalone long distance customers. The company stressed that existing residential customers will continue to receive the quality service they expect from AT&T; however, the company will no longer be investing to acquire new customers in this segment.'"

1 of 194 comments (clear)

  1. Re:This probably means more profit for AT&T by Detritus · · Score: 0, Troll

    Local residential service is subsidized by local business service and long distance access charges. That hasn't been AT&T's business since the breakup. They are selling long distance services to residences and businesses. The RBOCs are the ones who kept the local loops.

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