AT&T is shuffling its top ranks by appointing Lori Lee as the company's chief marketing officer (CMO), replacing Cathy Coughlin, who has stepped down from the role she held for eight years.
CEOs may be the leaders who direct the tone and direction of a company, but their visionary leadership is also defined by supporting executives who help innovate on key technology and regulatory initiatives. These are the risk takers who work behind the scenes driving new products, solutions and initiatives to lead a company forward. Every year, FierceTelecom takes a look at these up-and-coming executives in our Emerging Innovators feature. Special Report
Most people are aware of the contributions that CEOs like Tim Cook, Tom Wheeler, Randall Stephenson and John Legere are making to the wireless industry. But contributions of their up-and-coming staff also are driving innovation at their companies, and they will be the driving forces in years to come. Phil Goldstein, editor of FierceWireless, takes a look at seven innovators in this 2015 Emerging stars feature. Read the full report here.
AT&T CEO Randall Stephenson told investors about as clearly as he could that the carrier is not going to snap up assets that América Móvil is going to divest, and will instead focus on growing its business in Mexico via its acquisitions of Iusacell and NII Holdings' Nextel Mexico businesses.
AT&T reported the addition of 73,000 U-verse TV subscribers in the fourth quarter, a significant decline from the 194,000 added in the same period of 2013. In its full year and Q4 earnings call with investors Tuesday, the conglomerate attributed the decline to a "strategic move to improve profitability" by concentrating on subscribers with lower churn rates.
Don't expect the announcement of Cablevision's Freewheel Wi-Fi-only phone service to spin Randall Stephenson into reenacting the bunker scene from Downfall when AT&T delivers its fourth-quarter earnings report Tuesday afternoon. Freewheel is not a threat of any kind to the incumbent wireless industry.
AT&T said it will acquire the Mexican wireless assets of bankrupt NII Holdings for $1.875 billion, less outstanding net debt. The deal marks AT&T's latest expansion south of the U.S border following its $2.5 billion purchase of Mexican carrier Iusacell, which closed earlier this month.
AT&T CEO Randall Stephenson says AT&T is currently reviewing a major branding change for DirecTV, as federal regulators finish off their own review of the telco's purchase of the pay-TV operator.
Representatives from the wireless and cable industry lobbies heaped praise on a Republican legislative proposal to ensure net neutrality. However, Democrats remained skeptical because it would stop the FCC from reclassifying broadband as a telecommunications service under Title II of the Telecommunications Act. Meanwhile, AT&T CEO Randall Stephenson said he sees the new rules from the FCC triggering lawsuits that could go all the way up the U.S. Supreme Court.
AT&T officially closed its $2.5 billion purchase of No. 3 Mexican carrier Iusacell from Grupo Salinas. AT&T named company veteran F. Thaddeus Arroyo as CEO of Iusacell following the close of the deal.