Advantage for TechMahindra as AT&T looks to stay on digital Course

Pune: US telecom carrier AT&T plans to go ahead with its IT modernisation contracts to save costs, a move that would benefit Tech Mahindra which had signed an over $1 billion contract with its largest customer last year.

“We’re not backing off on our cost and efficiency transformation initiatives that remain largely under our control. If anything, we see this as an opportunity to approach all our businesses differently and better align our work with how Covid has reshaped customer behaviours and the economy,” AT&T chief operating officer John Stankey told investors last week. Stankey will take over as AT&T’s CEO effective July 1.