AT&T To Take $1 Billion Charge Because of Obamacare

What do you think this will do to your cellphone, home phone and internet rates?

AT&T Inc. (T 26.21, +0.06, +0.23%) said it plans to take a non-cash charge of about $1 billion in the first quarter following the passage of the health-care reform bill earlier this week, according to a filing submitted by the company Friday. The telecommunication giant will also evaluate changes to its health care benefits for employees and retirees.

Hope and change.