AT&T Braces For Possible Price Hike Citing Inflation Woes Shortly After Verizon

AT&T Braces For Possible Price Hike Citing Inflation Woes Shortly After Verizon
The logo AT&T is seen on this photo. Tdorante10/ Wikimedia Commons via Benzinga
Benzinga
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AT&T Inc could hike mobile-service prices again to ease the impact of the surging inflation, Bloomberg quotes CFO Pascal Desroches.

Inflation pressure is outrunning cost projections, Desroches reasoned.