Statement from AT&T Chairman and CEO Randall Stephenson
DALLAS, Nov. 30, 2012
DALLAS, Nov. 30, 2012 /PRNewswire/ --The following statement can be
attributed to AT&T Chairman and CEO Randall Stephenson:
"Following a meeting this week with the President, as well as conversations
with Congressional leaders, I am more convinced than ever that a budget deal
to avoid the 'fiscal cliff' must and can be found. This will require a
compromise involving an increase in both tax rates and revenue in return for
real and significant steps to reform entitlements and rein in federal
spending. Now is the time for our nation's leaders to put aside partisan or
philosophical differences and act for the good of the country as a whole.
Failure to address this will result in severe market disruptions, a return to
negative economic growth, and businesses pulling in investment. This can and
must be avoided. It is no exaggeration to say that the future economic
well-being of all Americans is riding on the outcome."
AT&T Inc. (NYSE:T) is a premier communications holding company and one of the
most honored companies in the world. Its subsidiaries and affiliates – AT&T
operating companies – are the providers of AT&T services in the United States
and internationally. With a powerful array of network resources that includes
the nation's largest 4G network, AT&T is a leading provider of wireless,
Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile
Internet, AT&T also offers the best wireless coverage worldwide of any U.S.
carrier, offering the most wireless phones that work in the most countries.
It also offers advanced TV services under the AT&T U-verse^® and AT&T │DIRECTV
brands. The company's suite of IP-based business communications services is
one of the most advanced in the world.
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SOURCE AT&T Inc.
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