AT&T exceeded expectations in the third quarter by adding 403,000 wireless phone subscribers, driven by the popularity of its premium unlimited plans offering perks like increased hotspot data. Despite missing revenue estimates due to lower phone upgrade volumes, the company’s postpaid phone churn remained low at 0.78%, supported by consistent promotions. Operating expenses rose 14% primarily due to a non-cash goodwill impairment charge, with the fiber business falling short of expectations due to a work stoppage impacting installations.
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MAGA and the End of Empire
The article discusses how the "MAGA" movement may lead to the decline of the American empire, highlighting the importance of cultural and strategic dominance in maintaining peace and prosperity globally. It mentions historical empires that brought peace and innovation, contrasting them with Trump's actions that threaten the global system created by the US after WWII, including withdrawing from international agreements and organizations. The author criticizes Trump's decisions, such as imposing tariffs and exiting climate agreements,...
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