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AT&T Announces Credit For Customers; Cost Unclear But Not A Threat To Guidance

COMMUNICATIONS


  • Noting AT&T yesterday announced that it is to reimburse disrupted customers with a $5 billing credit.
  • No details on how many of their over 90mn customers were impacted though they note that the cost of the reimbursement is “fully manageable while achieving the 2024 business objectives …and our stated financial guidance”.

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