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	<title>Comments on: With AT&amp;T Job Cuts, Telco Recession is Official</title>
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		<title>By: No Bonus, No Salary Increase for AT&#38;T CEO &#124; The Click</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154326</link>
		<dc:creator><![CDATA[No Bonus, No Salary Increase for AT&#38;T CEO &#124; The Click]]></dc:creator>
		<pubDate>Tue, 03 Feb 2009 08:39:47 +0000</pubDate>
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		<description><![CDATA[[...] in a forthcoming SEC filing. AT&amp;T has been hurt by the weak economy and has announced that it will cut 4 percent — 12,000 jobs — of its workforce. (My post after a conversation with Randall last year.) (Photo Courtesy ZDNet/Dan [...]]]></description>
		<content:encoded><![CDATA[<p>[...] in a forthcoming SEC filing. AT&amp;T has been hurt by the weak economy and has announced that it will cut 4 percent — 12,000 jobs — of its workforce. (My post after a conversation with Randall last year.) (Photo Courtesy ZDNet/Dan [...]</p>
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		<title>By: No Bonus, No Salary Increase for AT&#38;T CEO &#124; Telecom Update</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154325</link>
		<dc:creator><![CDATA[No Bonus, No Salary Increase for AT&#38;T CEO &#124; Telecom Update]]></dc:creator>
		<pubDate>Mon, 02 Feb 2009 18:11:02 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154325</guid>
		<description><![CDATA[[...] in a forthcoming SEC filing. AT&amp;T has been hurt by the weak economy and has announced that it will cut 4 percent — 12,000 jobs — of its workforce. (My post after a conversation with Randall last year.) (Photo Courtesy ZDNet/Dan [...]]]></description>
		<content:encoded><![CDATA[<p>[...] in a forthcoming SEC filing. AT&amp;T has been hurt by the weak economy and has announced that it will cut 4 percent — 12,000 jobs — of its workforce. (My post after a conversation with Randall last year.) (Photo Courtesy ZDNet/Dan [...]</p>
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		<title>By: No Bonus, No Salary Increase for AT&#38;T CEO</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154324</link>
		<dc:creator><![CDATA[No Bonus, No Salary Increase for AT&#38;T CEO]]></dc:creator>
		<pubDate>Mon, 02 Feb 2009 17:36:00 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154324</guid>
		<description><![CDATA[[...] in a forthcoming SEC filing. AT&amp;T has been hurt by weak economy and has announced that it will cut 4 percent — 12,000 jobs — of its workforce. (My post after a conversation with Randall last year.) (Photo Courtesy ZDNet/Dan Farber)    [...]]]></description>
		<content:encoded><![CDATA[<p>[...] in a forthcoming SEC filing. AT&amp;T has been hurt by weak economy and has announced that it will cut 4 percent — 12,000 jobs — of its workforce. (My post after a conversation with Randall last year.) (Photo Courtesy ZDNet/Dan Farber)    [...]</p>
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		<title>By: A Bleak Future for Telecom</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154323</link>
		<dc:creator><![CDATA[A Bleak Future for Telecom]]></dc:creator>
		<pubDate>Sat, 13 Dec 2008 01:16:03 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154323</guid>
		<description><![CDATA[[...] course, we&#8217;ve been talking about this for some time already (With AT&amp;T Job Cuts, Telco Recession is Official;Trouble Returns to the Land of Telecom; Bad Times Ahead for Broadband). Essentially the credit [...]]]></description>
		<content:encoded><![CDATA[<p>[...] course, we&#8217;ve been talking about this for some time already (With AT&amp;T Job Cuts, Telco Recession is Official;Trouble Returns to the Land of Telecom; Bad Times Ahead for Broadband). Essentially the credit [...]</p>
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		<title>By: Alcatel Makes Cuts&#8211;Will It Help?</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154322</link>
		<dc:creator><![CDATA[Alcatel Makes Cuts&#8211;Will It Help?]]></dc:creator>
		<pubDate>Fri, 12 Dec 2008 14:14:25 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154322</guid>
		<description><![CDATA[[...] this move follows on troubling signs in the telecommunications industry such as Alcatel&#8217;s customers cutting costs and competitors such as Nortel trying to raise cash and figure out how to steer through a downturn, [...]]]></description>
		<content:encoded><![CDATA[<p>[...] this move follows on troubling signs in the telecommunications industry such as Alcatel&#8217;s customers cutting costs and competitors such as Nortel trying to raise cash and figure out how to steer through a downturn, [...]</p>
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		<title>By: Level 3 Lays Off 450 - GigaOM</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154321</link>
		<dc:creator><![CDATA[Level 3 Lays Off 450 - GigaOM]]></dc:creator>
		<pubDate>Tue, 09 Dec 2008 16:12:23 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154321</guid>
		<description><![CDATA[[...]  &#124; Tuesday, December 9, 2008 &#124; 8:12 AM PT &#124; 0 comments     As the recession deepens and the telecommunications industry braces for some tough quarters, Level 3 said yesterday it will lay off 450 U.S. employees &#8212; or 8 percent of its work force. [...]]]></description>
		<content:encoded><![CDATA[<p>[...]  | Tuesday, December 9, 2008 | 8:12 AM PT | 0 comments     As the recession deepens and the telecommunications industry braces for some tough quarters, Level 3 said yesterday it will lay off 450 U.S. employees &#8212; or 8 percent of its work force. [...]</p>
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	</item>
	<item>
		<title>By: McGuire&#8217;s Law &#187; Blog Archive &#187; Business Observations: December 8, 2008 Edition</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154320</link>
		<dc:creator><![CDATA[McGuire&#8217;s Law &#187; Blog Archive &#187; Business Observations: December 8, 2008 Edition]]></dc:creator>
		<pubDate>Mon, 08 Dec 2008 12:33:08 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154320</guid>
		<description><![CDATA[[...] With AT&amp;T Job Cuts, Telco Recession is Official [...]]]></description>
		<content:encoded><![CDATA[<p>[...] With AT&#38;T Job Cuts, Telco Recession is Official [...]</p>
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		<title>By: DG Lewis</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154319</link>
		<dc:creator><![CDATA[DG Lewis]]></dc:creator>
		<pubDate>Fri, 05 Dec 2008 15:34:11 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154319</guid>
		<description><![CDATA[I think you mean that Adtran and ADC Telecom are AT&amp;T &lt;i&gt;vendors&lt;/i&gt;, not &lt;i&gt;customers&lt;/i&gt;.]]></description>
		<content:encoded><![CDATA[<p>I think you mean that Adtran and ADC Telecom are AT&amp;T <i>vendors</i>, not <i>customers</i>.</p>
]]></content:encoded>
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	<item>
		<title>By: Parkite</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154318</link>
		<dc:creator><![CDATA[Parkite]]></dc:creator>
		<pubDate>Thu, 04 Dec 2008 22:44:48 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154318</guid>
		<description><![CDATA[There is so much fat at the incumbent LECs (ATT, VZ, Q) on the wireline side.  This is long overdue given the erosion in landlines.]]></description>
		<content:encoded><![CDATA[<p>There is so much fat at the incumbent LECs (ATT, VZ, Q) on the wireline side.  This is long overdue given the erosion in landlines.</p>
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		<title>By: Ranjit Nayak</title>
		<link>http://gigaom.com/2008/12/04/with-att-job-cuts-telco-recession-is-official/#comment-154317</link>
		<dc:creator><![CDATA[Ranjit Nayak]]></dc:creator>
		<pubDate>Thu, 04 Dec 2008 20:09:30 +0000</pubDate>
		<guid isPermaLink="false">http://gigaom.com/?p=30957#comment-154317</guid>
		<description><![CDATA[This does not bode well for the economy. The general impression I had was that Telco industry was far more recession proof. As utility providers, it would seem that they will not be affected.

I can see how new wireline connections would not increase, but wireless and internet should continue growing if not at the same clip as the last couple of years. I would think that with a plethora of new useful online services, getting rid broadband access would be very difficult for consumers.]]></description>
		<content:encoded><![CDATA[<p>This does not bode well for the economy. The general impression I had was that Telco industry was far more recession proof. As utility providers, it would seem that they will not be affected.</p>
<p>I can see how new wireline connections would not increase, but wireless and internet should continue growing if not at the same clip as the last couple of years. I would think that with a plethora of new useful online services, getting rid broadband access would be very difficult for consumers.</p>
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