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AT&T investors are overlooking the value of the telecom giant’s collection of assets, CEO John Stankey says.
He spoke about valuation, and the company’s leaner, meaner, telecom-focused future, at an investor event on Tuesday. Since coming in as CEO in July 2020, Stankey has worked to reorient the company toward core investments and businesses in 5G and fiber-optic cable, and away from the sprawling media and telecom conglomerate structure that AT&T had grown into under his predecessor, Randall Stephenson.