AAPL Stock: 117.81 ( -0.22 )

Printed from

AT&T reorgs executives after T-Mobile merger attempt

updated 05:25 am EST, Tue January 31, 2012

AT&T undertakes leadership shakeup

Following its failed attempt to acquire T-Mobile, AT&T has begun a reorganization of its leadership, according to Reuters. The changes have seen experienced, longs-serving AT&T executives promoted. 27-year veteran John Stankey has been put in charge of strategy, while Forrest Miller, the current head of corporate strategy and mergers and acquisitions is retiring after 30 years. The company also said that 32-year company man Andy Geisse will head up the business segment, and and John Donovan will take over duties leading the AT&T's technology and network operations.

Following the failed merger with T-Mobile, the AT&T reported that it had taken a $6.7 billion loss for Q4 , which included $4 billion it had to pay T-Mobile as a condition of the deal once it fell through. AT&T misjudged the force of the opposition from both the FCC and the US Department of Justice on anti-competitive grounds, with both feeling that consumers stood to be worse off if the two companies combined.

Given the scale of the debacle, it was inevitable that a leadership shake-up would follow. While CEO Randall Stephenson survives for now, it appears as though Forest Miller has been made the fall-guy. Stankey has been given the critical job of steering the company out of the mess. On the appointment of Stankey to lead the company's strategy, AT&T stated 'Stankey, who has led nearly every major AT&T business unit during his 27-year career, will be responsible for developing the roadmap to maximize future growth opportunities.'

by MacNN Staff



  1. qazwart

    Joined: Dec 1969


    How does this work?

    >The changes have seen experienced, longs-serving AT&T executives promoted.

    We failed miserably, promotions for everyone!

Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented