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SOTS 2nd Hour: AT&T's New Strategic Plan, Record Holiday Shopping 12/3/24

Squawk on the Street

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Telecom Transformation and Retail Revelations

This chapter explores strategic shifts within a telecommunications company aimed at enhancing efficiency and reducing costs through new fiber infrastructure while navigating workforce impacts. It also delves into the importance of spectrum allocation for wireless technology in the U.S., highlighting the impending surge in bandwidth demands. Additionally, the discussion touches on holiday shopping trends, retail performance affected by colder weather, and the dynamics of private credit in the financial market.

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