AT&T to exit pay phone business next year - WMC Action News 5 - Memphis, Tennessee

AT&T to exit pay phone business next year

SAN ANTONIO (AP) - AT&T will quit the rapidly shrinking pay phone business by the end of 2008.

The San Antonio-based phone company says it'll depart the field before it becomes unprofitable -- as more people carry cell phones and other wireless devices.

AT&T expects independent operators to buy its 65,000 pay phones in prisons and in public places in its original 13-state area.

Spokesman Michael Coe says pay phones are a tiny part of AT&T's overall business.

The pool of pay phones nationwide has shrunk from 2.6 million to one million in the past decade. AT&T has more than 67 million wireless subscribers.

BellSouth, which AT&T acquired at the end of 2006, had already exited the pay phone business. So had Denver-based Qwest Communications International.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)

  • News on WMCTV.comNewsMore>>

  • breaking

    MPD investigates double homicide on W. Peebles Rd.

    MPD investigates double homicide on W. Peebles Rd.

    Saturday, March 25 2017 11:53 PM EDT2017-03-26 03:53:35 GMT
    (Source: WMC Action News 5)(Source: WMC Action News 5)

    Memphis Police Department is investigating a possible double homicide on West Peebles Road.  

    More >>

    Memphis Police Department is investigating a double homicide on West Peebles Road.  A major with the MPD confirmed that two people are dead after a shooting.  We're hearing from multiple family members that a brother of one of the victims, a 62-year-old man, said the two men got into an argument. One opened fire, hitting the first victim. He then went out to his car, came back to the home and shot the other man, killing him. We have a crew on the scene and updat...

    More >>
  • TN lawmakers speak on failed healthcare bill

    TN lawmakers speak on failed healthcare bill

    Saturday, March 25 2017 11:44 PM EDT2017-03-26 03:44:57 GMT
    (Source: WMC Action News 5)(Source: WMC Action News 5)

    Tennessee lawmakers are sharing their thoughts on Friday’s failed healthcare bill overhauling Obamacare.  

    More >>

    Tennessee lawmakers are sharing their thoughts on Friday’s failed healthcare bill overhauling Obamacare.  

    More >>
  • Tri-State Defender celebrates 65 years

    Tri-State Defender celebrates 65 years

    Saturday, March 25 2017 11:30 PM EDT2017-03-26 03:30:41 GMT
    (Source: WMC Action News 5)(Source: WMC Action News 5)

    A longtime newspaper in the Mid-South is celebrating a big milestone. The Tri-State Defender celebrated its 65th anniversary with a Leaders and Legends gala on Saturday night. 

    More >>

    A longtime newspaper in the Mid-South is celebrating a big milestone. The Tri-State Defender celebrated its 65th anniversary with a Leaders and Legends gala on Saturday night. 

    More >>
Powered by Frankly