AT&T Joins Forces With L&T Technology Services To Combat Global Emissions

Author: Nabaparna Bhattacharya | February 23, 2024 07:39am

AT&T Inc. (NYSE:T) inked a pact with L&T Technology Services aimed at curbing global emissions. 

Both companies will combine their resources and expertise in a collaboration aimed at developing advanced solutions to significantly minimize environmental impact.

Under the pact, L&T Technology is joining AT&T’s Connected Climate Initiative (CCI), focusing on connectivity solutions to cut greenhouse emissions by one gigaton by 2035.

The initiative unites various organizations to harness the potential of connectivity solutions like IoT, fiber, 5G, and edge computing to achieve emission reduction targets.

“As we work towards achieving the Gigaton goal, we know that it’s collaborations like this one, combining our respective resources and expertise, that will help us get there,” said Shannon Carroll, AVP of Global Environmental Sustainability at AT&T.

Yesterday, AT&T was in the news headlines for causing a major cellular outage that swept across the U.S., causing service disruptions across telecom providers, including Verizon Communications Inc. (NYSE:VZ) and T-Mobile US, Inc. (NASDAQ:TMUS).

Related: Major Outage Hits AT&T, Verizon, And T-Mobile—Services Down Nationwide, Including 911 Calls

However, AT&T said it has successfully resolved a nationwide service outage that left its customers without access to calls, texts, and data for a full day. 

The carrier also denied rumors of a cyber attack, stating that an internal error caused the outage.

In a statement on its website, AT&T confirmed the resolution of the outage and apologized to its customers. The carrier also assured that it is “taking steps” to prevent such an incident from recurring, though it did not disclose the cause of the significant outage.

Price Action: T shares closed lower by 2.41% to $16.59 on Thursday.

Photo by Mike Mozart via Flickr

Posted In: T TMUS VZ