Bad AT&T; news portends recession
Regarding the story “AT&T; shares fall on CEO warning†(Jan. 9): Uh oh. When the former AT&T;, a darling of the protectorate Bush administration, starts ringing the bell that they’re losing a lot of business because their customers are going into foreclosure, causing access-line disconnects since the economy is weakening, you can hear them now saying hello to the 2008 recession.
Jerold Drucker
Tarzana
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
