AT&T Nears $3bn Spending Commitment for Black-owned Businesses

AT&T announced that it is on track to meet its commitment to spend $3 billion with U.S. Black-owned suppliers by the end of this year, with the company now nearly 90 percent of the way there.

The company’s AT&T Supplier Diversity team remains dedicated to making a significant economic impact in the Black business community, according to its announcement.

Starting in 1968 working with the Chicago Urban League and the Chicago Economic Development Corporation, AT&T has sustained its commitment of spending with Black-owned businesses for nearly 52 years

“Today, we have Black-owned businesses in many areas of our supply chain. Our goal is within reach as we seek out Black-owned businesses in the areas of technology development, construction, and engineering, legal and professional services, emerging technologies among others,” AT&T said.

The company’s commitment will continue beyond 2020, not only to generate revenue for Black-owned businesses but to also create jobs and economic impact for their communities, the company added.

“Our commitment to ensuring that Black-owned businesses and other diverse businesses have the opportunity to work with AT&T is longstanding, sustainable and unwavering. Our commitment to these suppliers will continue beyond 2020; these are not short-term commitments,” said Susan A. Johnson, executive vice president – Global Connections & Supply Chain, AT&T. – BusinessNewsAsia.com

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