AT&T CEO Stankey Says Congress Should Give Regulators Power To Require Big Tech Firms To Contribute To Government Fund That Subsidizes Access To Telecom Services
Portfolio Pulse from Benzinga Newsdesk
AT&T CEO John Stankey has called on Congress to empower regulators to require big tech firms to contribute to a government fund that subsidizes access to telecom services.
June 24, 2024 | 6:03 pm
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AT&T CEO John Stankey's call for Congress to require big tech firms to contribute to a telecom subsidy fund could lead to regulatory changes that may benefit AT&T by leveling the playing field.
If Congress acts on Stankey's suggestion, it could lead to regulatory changes that may reduce the financial burden on telecom companies like AT&T, potentially improving their competitive position and financial performance.
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