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AT & T; getting out of rapidly shrinking pay phone business

SAN ANTONIO — AT & T; Inc. will exit the rapidly shrinking pay phone business by the end of next year, before it becomes unprofitable, the company said today. AT & T; will sell 65,000 pay phones, in prisons and in public places, within its original 13-state area before the end of 2008, said spokesman Michael Coe. AT & T; decided to leave pay phones, a tiny portion of the telecommunications company that has 67.3 million wireless subscribers, before they reached the point of being unprofitable, he said. Read the remainder of the story at http://www.latimes.com/business/la-fi-payphones4dec04,0,4312775.story?coll=la-home-business

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