John Stankey news and trends

Consumers, Businesses Trim Spending on Phones as Economy Slows

April 20, 2023
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Consumers, Businesses Trim Spending on Phones as Economy Slows

April 20, 2023
Consumers and businesses are trimming their spending on phones in response to the slowing economy. So said AT&T CEO, President and Director John T. Stankey on Thursday (April 20) during the company’s quarterly earnings call, according to an AT&T transcript. On the consumer side, especially among lower-income consumers, some are keeping their current phone longer […]