AT&T holding firm on satellite D2D: It’s for only 2% of the market, so we don’t need a wholesale deal with a constellation

by Peter B. de Selding

LA PLATA, Maryland — Wall Street analysts’ speculation that a satellite direct-to-device (D2D) network might take material market share from the established mobile network operators has had zero effect on AT&T Chief Executive John Stankey, who thinks that scenario is ridiculous.

In July 22 remarks during the company’s Q2 investor call, Stankey said subscribers to AT&T’s fiber and wireless networks leave coverage only 2% of the time — such as in visits to national parks or on boats — and that AT&T will be . . .

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