AT&T’s Ericsson Supply Deal Isn’t ‘Secret Sauce’ for Easing Costs, CEO Says

AT&T's new $14 billion supply deal with Ericsson could save money but won't give the cellphone carrier a "secret sauce" for thinning out expenses, its CEO said Tuesday. Speaking to a UBS investor conference, CEO John Stankey said "capital intensity" should still fall between $21 billion and $22…

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