AT&T CEO Downplays Competitive Threats from SpaceX

Dow Jones

07/23

1247 ET - When asked about the risk posed by SpaceX's Starlink, AT&T CEO John Stankey says his company is in a good spot. "There are going to be new competitors, and there are going to be folks who come in, but the reality is, they're coming to the game very late after this industry has been established," he says during an appearance on CNBC. New players will have to catch up with substantial amounts of infrastructure investment that's been going on for decades, he says. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

July 22, 2026 12:47 ET (16:47 GMT)

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New players will have to catch up with substantial amounts of infrastructure investment that's been going on for decades, he says. 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New players will have to catch up with substantial amounts of infrastructure investment that's been going on for decades, he says. 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New players will have to catch up with substantial amounts of infrastructure investment that's been going on for decades, he says. (kelly.cloonan@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 22, 2026 12:47 ET (16:47 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}