Express Search This Blog

Friday, January 9, 2009

AT&T decreases spending

AT&T Inc. has reported that they plan to cut spending in the "hundreds of millions of dollars" for the second half of 2008 compared to the first two quarters.  In 2007, AT&T spent approximately $119 billion for new equipment.  I've been told they will continue to build out the U-verse (phone, data, and TV services) and third generation wireless.