T Jun 2024 16.500 call
| Previous close | 2.2100 |
| Open | 2.1500 |
| Bid | 2.0600 |
| Ask | 2.4500 |
| Strike | 16.50 |
| Expiry date | 2024-06-28 |
| Day's range | 2.0900 - 2.1600 |
| Contract range | N/A |
| Volume | |
| Open interest | 246 |
ReutersAT&T wants Big Tech firms to pay into telecom and broadband subsidy fund
WASHINGTON (Reuters) -AT&T CEO John Stankey said on Monday that Congress should give the Federal Communications Commission the power to require Big Tech firms to contribute to a government fund that subsidizes access to telecom and broadband services. Under current law, fees are levied on cell phone and landline service subscribers to support the Universal Service Fund, which spends about $8 billion a year - nearly all collected from surcharges on telephone bills. "The seven largest and most profitable companies in the world built their franchises on the internet and the infrastructure we provide," Stankey said in remarks at a telecom industry forum in Utah.
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Going back to 1926, only 12 companies have lead the market in terms of market value, including AT&T, Apple, Cisco, Dupont, Exxon, GE, GM, IBM, Microsoft. Philip Morris, and Walmart.
