DALLAS -- AT&T Inc.* (NYSE: T) today announced the appointment of Krish Prabhu as president and CEO of AT&T Labs. Prabhu replaces retiring president and CEO Keith Cambron, who has led AT&T Labs since 2005.

Prabhu, who will be based in Dallas, brings valuable experience in research, corporate leadership and innovation, and venture funding to AT&T. His telecoms industry career began in 1980 at the former AT&T Bell Laboratories. He has served in several telecoms executive positions, including as chief executive officer of Alcatel USA and Tellabs. He also has worked with the start-up and developer communities as a venture capitalist.

"Krish has a passion for innovation that fits our culture, and the right professional experience to lead AT&T Labs at a dynamic time in our innovation program," said John Donovan, AT&T Chief Technology Officer. "He'll be a key driver for AT&T's innovation strategy, which focuses on creating an open environment and bringing the best minds together to deliver the best products and services for our customers."

AT&T Inc. (NYSE: T)