AT&T CEO: Convergence, it's what's happening

AT&T’s CEO highlighted the operator's progress of combining 5G, fiber and other forthcoming elements like direct-to-satellite communications. “Converged is now the opportunity” CEO John Stankey stated. “That’s going to be one of the key areas for us to get to 40 or 50% [market penetration rates],” he added. This convergence includes fiber, as it was noted that AT&T is on track to reach its goal of 30 million fiber locations passed by the end of 2025. The converged landscape also includes 5G. Stankey noted that AT&T’s older products that “have served us well”—traditional copper landlines and the like—“are being replaced by 5G and fiber.”