If you’re the nostalgic type, you might be sad to hear that AT&T will be closing its 2G network by the end of the year. CFO John Stevens says that closing the network will strand a small number of subscribers who are stubborn and don’t want to migrate off of the 2G pipeline. The company is willing to take the small hit on revenue.
While AT&T has already repurposed some of the 2G network, Stevens says that “There still is a lot of cost that is left just to operate even a piece of the 2G network. So we are anxious to capture that savings and use it to continue a strong EBITDA story … – Source
AT&T to shutter its 2G pipeline by the end of this year
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