$12 billion spent with certified diverse suppliers in 2011 is 23 percent of AT&T's total spend
DALLAS, April 4, 2012 /PRNewswire/ -- AT&T set one of the most aggressive supplier diversity goals—to reach 21.5 percent of its total spend with certified diverse businesses by 2012. In 2011, AT&T spent $12 billion with diverse suppliers, surpassing the corporate goal one year ahead of schedule.
"Diverse suppliers are an integral part of our supply chain," said Randall Stephenson, Chairman and CEO of AT&T. "They bring different viewpoints and fresh perspectives to the table, which benefit our customers, the community and our company. I'm proud of our commitment to supplier diversity and even prouder we reached our goal one year ahead of schedule."
The AT&T Global Supplier Diversity organization connects certified diverse businesses with opportunities to provide products and services to AT&T around the world. AT&T supplier diversity promotes, increases and improves the overall participation of minority, women, and service disabled veteran-owned businesses in its supply chain.
AT&T continues to look for diverse suppliers in key strategic areas like mobile Internet, wireless, U-verse, and cloud services. Today more than ever, AT&T is accelerating the pace of innovation—which means working with innovative suppliers who can take AT&T to the next level.
AT&T has numerous programs in place to identify and develop certified diverse suppliers. One such program is Operation Hand Salute, a ground-breaking national 12 month education and mentoring program for service disabled veteran business CEOs. The initiative provides cutting-edge training and mentoring for up to 15 qualified CEOs with the goal of improving their business operations and enhancing their ability to win corporate contracts.
Earlier this year, AT&T was ranked No. 1 in the DiversityInc.com Top 10 Companies for Multicultural Business Opportunities list. In addition, AT&T was listed to the Women's Business Enterprise National Council list of top corporations for Women's Business Enterprises for the 13th straight year.
AT&T Inc. (NYSE: T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.
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SOURCE AT&T Inc.