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US telecom giant AT&T has asked US regulatory authorities to waive a requirement that it and other carriers maintain costly landline networks.
AT&T, the oldest US telephone company, made the request in a filing last week with the Federal Communications Commission in which it also asked the FCC to set a "firm deadline" for phasing out wireline service.
"The business model for legacy phone services is in a death spiral," AT&T said. "With an outdated product, falling revenues, and rising costs, the plain-old telephone service (POTS) business is unsustainable for the long run."
The AT&T filing was in response to an FCC request earlier this month for input on plans to extend high-speed Internet broadband to the entire country.
It was published online by technology blog GigaOM.
AT&T, the oldest US telephone company, made the request in a filing last week with the Federal Communications Commission in which it also asked the FCC to set a "firm deadline" for phasing out wireline service.
"The business model for legacy phone services is in a death spiral," AT&T said. "With an outdated product, falling revenues, and rising costs, the plain-old telephone service (POTS) business is unsustainable for the long run."
The AT&T filing was in response to an FCC request earlier this month for input on plans to extend high-speed Internet broadband to the entire country.
It was published online by technology blog GigaOM.
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