(Reuters) - AT&T Inc warned on Thursday that it will take a fourth quarter charge of about $10 billion due to bigger than expected pension obligations, sending its shares down 1.3 percent.
This comes after new net neutrality laws pass in California.
AT&T’s CEO John Stankey said that he expects the pay-TV industry to soon hit a level of little or no growth. He predicts that it will plateau once the number of pay-TV subscribers falls somewhere between 55 and 60 million users.
PCMag released its Fastest Mobile Networks report and there are plenty of interesting insights to be found, including ones about 5G.