CEO of AT&T Communications Jeff McElfresh
Still, while AT&T is positioning its company around high-speed and wireless broadband, Apples 5G iPhones, expected to be revealed in October, may not be the significant event many are expecting. Financial obstacles during Covid-19 quarantines might trigger fewer individuals to upgrade right away, stated McElfresh. If youre not in a rush to update to 5G, McElfresh shared some extra news– AT&T engineers are already dealing with 6G.
McElfresh likewise safeguarded AT&Ts choice to purchase DirecTV in 2015 for $49 billion while acknowledging consumers now see satellite TV as “old technology.”.
Source: AT&T.
AT&T is focusing on three “core concerns”– cordless, fiber broadband and next generation entertainment services, according to Jeff McElfresh, head of AT&T Communications. Thats driven AT&Ts push to divest assets, including potentially DirecTV and its advertising platform Xandr.
A View from the Top is a Q&A series exclusively offered on CNBC Pro. Alex Sherman will regularly speak to a service leader about decision-making, investing and industry news.
Heres the complete Q&A:.
