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AT&T: Customers Struggling To Pay Phone Bills

Company's CEO Says People Are 'Stretching Out Their Payments'

View Source | July 22, 2022 5:37 pm

  • AT&T’s CEO, John Stankey, said customers are taking more time to pay their bills
  • That led the company to cut its free cash flow forecast $2B, sending shares tumbling 11%
  • ‘There’s clearly some dynamics in the economy,’ Stankey said

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