AT&T has seen broadband and wireless usage surge 29 percent in one month, as remote workers and families stay at homes to abide by restrictions that have been ordered across the country.
Maintaining a high level of service, however, has meant a full-court press for the telecommunications giant.
“So far, we’ve seen massive spikes in traffic, but our AT&T network has been able to withstand that,” Jeff McElfresh, CEO of AT&T Communications, told Cheddar’s Hope King on Friday. “I think the bigger question is, as this pandemic persists, our customers and our employees and citizens of the U.S. are going to have to learn a different way of working, a different way of learning, and that means service providers like AT&T have to be thoughtful in how we adjust our service models.”
In part, that means keeping a large portion of its workforce in the field to maintain service.
The company has sent roughly 90,000 workers home to work remotely. Another 100,000 remain in the field, visiting customers’ houses, businesses, and institutions such as hospitals.
“These are our heroes. These are the individuals who are installing mission-critical services into hospitals,” McElfresh said.
AT&T is also working closely with FEMA and the CDC to maintain service to critical infrastructure, he added.
Less than 40 percent of AT&T retail locations are up and running, which is one area where McElfresh said the company has felt the impact of the pandemic.
“Customers actually need these outlets in order to get service,” he said.
CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.
With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.