Covid-19 takes a $2.8 billion bite out of AT&T’s second quarter

The Covid-19 pandemic was a $2.8 billion anchor on AT&T's Q2 results due a lack of live sporting events and the cost to protect its employees, among other factors. AT&T CEO John Stankey, who took over as CEO on July 1, said on the Thursday morning's earnings call that AT&T would operate on the assumption [...]