AT&T's dismal cash flow sparks telecoms selloff

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Inflation taking a toll on customers.

AT&T's dismal cash flow sparks telecoms selloff
US wireless carrier AT&T missed market estimates for first-quarter revenue and free cash flow, underscoring the toll from strained consumer wallets and sparking a selloff in the telecoms sector. Following the dour results, shares of AT&T were on track for their worst day in nine months ...

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