Earlier quoted context omitted.
ATT has more debt than the Phillipines, it's no surprise that they're trying to cut costs.
Why do they have so much debt? Aren't they profitable?
I wonder if we'll eventually see an "Amtrak" style nationalization for our POTS and related infrastructure. The firms with nothing sexier in their portfolio (Frontier) are frequently unhealthy, and the ones that do have other things to sell (Verizon, AT&) don't give it their full attention. It's no longer a competitive commercial product, but it serves enough of a public interest (i. e. not breaking a billion POTS-attached alarms, the high resiliency in natural disasters) that it can't just be dug up and scrapped for copper.