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Randall L. Stephenson

Chairman, President, and Chief Executive Officer, AT&T

The Next Wave of Mobile Internet Delivery

On June 15 at the Chief Executives’ Club of Boston, Randall L. Stephenson, chairman, president, and chief executive officer of AT&T, spoke about the mobile service industry’s rapid development, its anticipated future growth, and the company’s proposed acquisition of T-Mobile USA. Robert Reynolds, chairman, president, and chief executive officer of Putnam Investments, introduced Stephenson.

TAKEAWAYS

“Since [the launch of the] iPhone in 2007, the mobile data traffic that we’re carrying on [our] networks is up ... 8,000 percent.” READ TRANSCRIPT AND VIEW VIDEO »

“Over the next five years, just with what we can see, the services that we know about ... we think these volumes [of mobile data traffic] are going to go up another eight to ten times from where they are today.” READ TRANSCRIPT AND VIEW VIDEO »

“In our industry, capacity is ... radio spectrum. At AT&T, we’re burning through our spectrum at a very alarming rate. We can see an exhaust situation [in many markets] ... it’s not a matter of if, it’s just a matter of when.” READ TRANSCRIPT AND VIEW VIDEO »

“[As a result of] our agreement with Deutsche Telekom to acquire T-Mobile USA … we will get a 25 to 35 percent lift in capacity out of the existing spectrum that we have in the marketplace ... [and be able to serve] ... about 55 million more people.” READ TRANSCRIPT AND VIEW VIDEO »

PRESS COVERAGE

Wall Street Journal: “AT&T CEO: Timeline for T-Mobile USA acquisition intact”
READ ARTICLE »

Dow Jones MarketWatch: “AT&T says timeline for T-Mobile USA buy intact”
READ ARTICLE »

Reuters: “AT&T says braced for divestitures on T-Mobile deal” READ ARTICLE »

Boston Globe: “AT&T chief says merger will mean faster LTE expansion” READ ARTICLE »

Boston Herald: “AT&T chief touts mobile growth in Hub” READ ARTICLE »

EVENT PHOTOS
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Randall L. Stephenson, Chairman, President & CEO of AT&T, addresses the Chief Executives' Club of Boston.
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Seated at the Speakers Table, clockwise from bottom left: Edmund Kelly, Chairman, Liberty Mutual; The Honorable Thomas M. Menino, Mayor, City of Boston; John Fish, President & CEO, Suffolk Construction; Mike Sheehan, Chief Executive Officer, Hill Holliday; Karen Kaplan, President, Hill Holliday; Joseph Petrowski, Chief Executive Officer, Cumberland Farms - Gulf Oil; Abigail Johnson, President, Fidelity; Eric Rosengren, President, Federal Reserve Bank of Boston; Robert Reynolds, Chairman, President & CEO, Putnam Investments.
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A full room listens to Mr. Stephenson's remarks.
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Mr. Stephenson answers questions from the media following his remarks.