{"id":709967,"date":"2020-01-30T15:55:04","date_gmt":"2020-01-30T20:55:04","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=709967"},"modified":"2020-01-30T15:55:04","modified_gmt":"2020-01-30T20:55:04","slug":"att-slashed-billions-from-network-spending-cut-tens-of-thousands-of-jobs","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=709967","title":{"rendered":"AT&T slashed billions from network spending, cut tens of thousands of jobs"},"content":{"rendered":"
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Enlarge<\/a> \/<\/span> An AT&T sign outside a company office in New York City. (credit: Getty Images | Roberto Machado Noa <\/a>)<\/p>\n<\/figure>\n

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AT&T slashed capital expenditures by more than $1.6 billion in 2019 and projects a capital-investment cut of more than $3 billion in 2020.<\/p>\n

AT&T’s capital expenditures for the full year of 2019 totaled $19.64 billion, down from $21.25 billion in 2018, an AT&T investor briefing<\/a> released yesterday said.<\/p>\n

The broadband industry and Federal Communications Commission officials have used capital expenditures as a measure of broadband-network investment and have claimed that eliminating net neutrality rules and other regulations would cause such investment to rise. But some of the biggest ISPs, such as Comcast<\/a> and Charter<\/a>, have been reducing capital expenditures despite getting their sought-after net neutrality repeal and a large corporate tax cut.<\/p>\n<\/div>\n

Read 9 remaining paragraphs<\/a> | Comments<\/a><\/p>\n

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\nSource: Ars Technica – AT&T slashed billions from network spending, cut tens of thousands of jobs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Enlarge \/ An AT&T sign outside a company office in New York City. (credit: Getty Images | Roberto Machado Noa ) AT&T slashed capital expenditures by more than $1.6 billion in 2019 and projects a capital-investment cut of more than … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":709968,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-709967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/709967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=709967"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/709967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/709968"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=709967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=709967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=709967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}