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Stankey Handed AT&T Strategy Role

John Stankey now has a bigger role in shaping AT&T Inc. (NYSE: T)'s future following an executive reshuffle by the carrier announced late Monday.

Stankey now holds the newly created post of chief strategy officer, AT&T announced. His job will be to chart AT&T's future: His responsibilities include areas such as corporate development, capital allocation, and the big question -- what to do about wireless capacity in the long term.

Among the other changes:

  • Ralph de la Vega, formerly CEO of AT&T Mobility and Consumer Markets, is now CEO of AT&T Mobility, losing the "consumer" part that includes U-verse;

  • Andy Geisse was named senior executive vice president of AT&T Business and Home Solutions, picking up some of de la Vega's consumer territory (U-verse, broadband, fixed voice) and Stankey's former job of running AT&T's enterprise division;

  • John Donovan, who's been chief technology officer, is now senior executive vice president of AT&T Technology and Network Operations;

  • Forrest Miller, the former strategy head who was also responsible for mergers and acquisitions, is retiring from AT&T, the company told Reuters.

    Why this matters
    The future of AT&T now appears to rest on the shoulders of Stankey, who has run nearly every major piece of the company during his 27 years there, according to Monday's press release.

    The release doesn't say Stankey is taking over Miller's job. But in the wake of the T-Mobile US Inc. merger collapsing, Stankey is suddenly in charge of the future roadmap, including the key spectrum question the merger was supposed to address.

    For more
    Our ongoing coverage of the failed AT&T/T-Mobile deal -- and its aftermath -- can be found here.

    — Craig Matsumoto, West Coast Editor, Light Reading

  • Pete Baldwin 12/5/2012 | 5:43:56 PM
    re: Stankey Handed AT&T Strategy Role

    So, the M&A guy takes the fall for the T-Mobile deal collapsing, it looks like.

    And Stankey is on the hook to essentially replace T-Mobile (in a virtual sense).

    Any other interpretations?

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