CEO John Stankey Lobbies for AT&T as a Good State Partner for Broadband Infrastructure Funding

AT&T CEO John Stankey recently offered subtle hints about AT&T’s potential participation in broadband infrastructure funding programs. But he wasn’t coy about presenting AT&T as a good partner with the states, who will be key in doling out billions in funding. AT&T was proud to report its fiber broadband progress this quarter, having added 316,000 net new fiber subscribers in second quarter 2022. Since fiber technology is seen as the most favorable (although not exclusive) technology for programs like the Broadband Equity, Access and Deployment (BEAD) Program and the US Treasury Capital Fund program, Stankey was quick to point out AT&T’s “street cred” if you will with regards to fiber. “I would point out there is no company that’s building 2 million connected locations of fiber in six months like we are, we are scaling in a way that no one else is,” said Stankey. “I think at the end of the day, states that care about somebody who is reputable, that can execute, that has a mature supply chain and the scale to, should make us very competitive for this money.”