AT&T Fiber Supply Chain Issues Now Resolved: CEO

AT&T has had “some disruption” in its fiber supply chain but “believes this has been addressed,” CEO John Stankey said in a Wednesday shareholder update. The carrier “remains comfortable with its long-term guidance to reach 30 million locations by the end of 2025.” Stankey said Tuesday at a Goldman Sachs conference that the disruptions were “partly labor-driven because of COVID, individuals getting sick, not being able to run enough shifts and carry through, and partly some raw material issues.”