‘We don’t have to roll back anything’

John Stanke, CEO of AT & T (T (T), does not yet show his hand about whether he intends to contact the diversity, fairness and integration initiatives (Dei) to obtain approval for a large new fiber deal from the Trump administration.
“We shouldn’t respond to anything,” Stanki told Yahoo Finance (video above). “Our policies and approach in AT&T have always been to come forward in merit. Any employee who comes to work here must have an opportunity to develop their career, work to build their skills, and provide the opportunity to succeed and earn a living.”
Stanke added: “Our goal is to make sure that every employee walks via the door of AT & T feels like he belongs here and is a good place for them to work.” “I am completely confident that anyone examines our practices and how we manage the work will reach the same conclusion.”
AT & T late on Wednesday said she will get all the works of Lumen Technologies (LUMN) for fiber for $ 5.75 billion, which is already higher than $ 5.5 billion and estimated by the deal observers a few weeks ago. The deal aims to ignite a fire in light of the lucrative fiber works of AT & T, by providing assembled packages for consumers from mobile and wide range services at higher prices.
LUMEN Technologies increased by 2 %, while AT & T decreased slightly as investors were charged.
Stanke said the deal is specially designed for the Trump administration to see: Create US jobs.
“We are investing in a wonderful infrastructure that makes the American economy more competitive. We are entering into feet and markets where the previous owner did not have the case with the ability to do so,” he explained.
Lumen has about a million clients of fiber that extends on the metro markets such as Denver, Las Vegas and Minneapolis Saint. Paul, Orlando, Phoenix, Portland, Solt Lake City, and Seattle. Work on the right path to generate $ 750 million revenues this year.
“We believe this seems to be a positive strategic step for AT & T,” said Brandon Nespille, an analyst at Keybanc Markets, said: “We believe this looks a positive strategic step for AT & T,” it provides a gradual imprint on building fibers and paying a close package as it seems that these assets are not selected, “said Brandon Nespille, an analyst at Keybanc Markets, an analyst at Keybanc Markets Telecom, said in a note.
AT & T believes that the deal is not important for sales and profits 12 to 24 months of closing, but it has accumulated in the long run. The company said that the deal would help it reach 60 million families with fiber by 2030.
The deal is expected to be closed in the first half of 2026 – with a focus on expected.
Don’t miss more hot News like this! Click here to discover the latest in Business news!
2025-05-22 19:53:00