Leave a Comment

AT&T to eliminate 12,000 jobs, spend less on new equipment in 2009
MacDailyNews — ... said. AT plans to book a onetime expense of $600 million in the fourth quarter to pay for severance and related costs... With the economy now in recession, AT also said it expects to devote less money to capital expenses in 2009 than it's spending in the current fiscal year. AT is on track to spend roughly $17.8 billion or somewhat less on network expenses in 2008. The carrier said it will give more details when AT issues fourth-quarter results in late January." Full article here . MacDailyNews Take: Hopefully, "spending less on new equipment in 2009" does not ...

One of These Headlines Does Not Go With The Other [TheAppleBlog]
GigaOM Network — Below is a partial snapshot of MacDailyNews’ home page as of 18:00 PT on December 4. These two AT&T headlines, one immediately after the other, struck me as kind of funny:  Not sure if we should consider AT&T as “defying an economic slump” when it’s laying off 12K of its workforce and reducing capital expenditures. I’m not criticizing MDN, the headlines actually link to two different sources (the former is Bloomberg; the latter is MarketWatch), so it’s not a case of the same source contradicting itself. MDN is a news aggregator, so the juxtaposition of different headlines is common, but it’s usually without such a seeming ...