How to avoid getting stuck with an expensive AT&T Fios contract
The AT&, which recently filed for bankruptcy protection, is looking to replace its $25.5 billion in debt with a $50 billion deal from a US bank, but it won’t have the same customer service.
Google News reports that AT&T has signed an agreement with a new US bank to replace the $25 billion in AT& to $50-billion deal it made with Fios.
The deal is a huge win for AT&ts customers and its shareholders, who are likely to get some relief.
However, the bank won’t be able to offer the same level of customer service as Fios, and it will be paying a hefty price in terms of interest on its debt.
The bank said in a statement that the transaction is expected to close by the end of the year.
The new deal includes the following features:1.
No credit check on AT&s Fios customers, meaning you won’t need to worry about a credit check for AT &S products2.
No fees on credit cards3.
A lower interest rate than the existing deal4.
No out-of-pocket costs for customers of other carriers and carriers of AT&;S spectrumThe deal will be the largest deal between the US and an American bank.
AT& is also looking to merge with another US bank in a $5.2 billion deal.