AT&T’s CEO reveals whether he plans on leaving just like T-Mobile and Verizon’s CEOs did

AT&T reported strong postpaid phone net additions for the quarter

John Stankey has no plans to follow Sievert and Vestberg by leaving his CEO job at AT&T

Stankey says, “Our shift in tactic is to focus on converged customers. We have all the assets in front of us, and we’ve run the plays we need to be successful.” He added that growth will come from “within the four walls of AT&T.” 

AT&T CEO John Stankey. | Image credit-AT&T

The $23 billion worth of spectrum that AT&T purchased from EchoStar is now being deployed. Two-thirds of the U.S. population will be covered by AT&T‘s 3.45 GHz mid-band spectrum by the middle of next month. It will be used to enhance AT&T‘s 5G service and its fixed wireless access (FWA) Internet Air performance. In addition, with EchoStar selling off its spectrum, Boost Mobile now operates as a “hybrid mobile network operator (MNO) with AT&T acting as Boost’s primary network operator.

While high on satellite technology, AT&T’s CEO says that it won’t replace cellular for every day wireless service

One technology that Stankey is high on is low-earth orbit (LEO) satellites. AT&T has invested $155 million in AST SpaceMobile and has plans to use its LEO satellites, which have just started launching, as a satellite powered space-based cellular broadband network. Stankey sees the technology used to track livestock or shipping containers when they are in areas without cellular connectivity.

What the AT&T CEO sees is that satellites, whether part of the SpaceX constellation or AST’s airborne fleet, will not replace cellular service for everyday wireless connectivity. Not only would it require too much money to operate such a service, Stankey says that it can’t deliver the same level of performance that you would get from a 5G cellular network, both indoors and outside, that major carriers can deliver in cities and towns covered with 5G signals.

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