ATT's Cuts

Light Reading published and article with various opinions on ATT's announcement that it would cut 12,000 people and reduce its CapEx budget. The gist of it is that ATT will not make cuts in wireless or broadband but will cut its wireline operation. The article ends with a quote from one analyst who believes that cutting spending on its POTS network will be a major mistake for ATT.

What ATT is reportedly doing is consistent with how networks will evolve during the next decade. Wireless and broadband will become more important and POTS services will fade away. Personally, I think ATT is making the correct choices.