John Donovan, CEO of AT&T Communications, introduced immediately his plans to retire efficient October 1, 2019. Donovan has for the previous two years led AT&T’s largest enterprise unit, which companies 100 million cellular, broadband and pay-TV clients within the U.S., in addition to tens of millions of enterprise clients, together with practically all of the Fortune 1000.
The information comes amid a number of huge adjustments in that enterprise unit itself, and extra within the broader telecom trade.
For starters, AT&T had simply rebranded its over-the-top streaming service DIRECTV NOW to AT&T TV NOW, and simply final week rolled out a brand-new TV service, AT&T TV, in 10 check markets.
Whereas DIRECTV NOW (aka AT&T TV NOW) is supposed to compete with different over-the-top streaming companies like Dish’s Sling TV, Hulu with Stay TV, YouTube TV and others, the brand new AT&T TV is a extra typical — although nonetheless “over-the-top” — choice that may work with any broadband connection.
Nevertheless, it locks in clients to two-year contracts, requires a set-top field and has packages that vary from $60-$80 monthly, very like a standard TV subscription.
Elsewhere at AT&T, its WarnerMedia division is working a streaming service of its personal, HBO Max, which is supposed to battle extra immediately with premium choices, like Disney+ or Apple TV+, for instance. AT&T additionally operates a low-cost streaming service, Watch TV.
And the corporate continues to supply pay-TV choices like DIRECTV (satellite tv for pc service) and U-verse (cable).
It appears AT&T is because of consolidate these efforts in some unspecified time in the future, and Donovan’s departure may sign some adjustments on that entrance, maybe. Plus, as The WSJ reported, Donovan and WarnerMedia head John Stankey had a strained relationship at instances. That might as a result of HBO Max will find yourself competing with different AT&T choices and companies, the report instructed.
Along with its varied streaming ambitions, AT&T can also be beginning to roll out 5G, a transfer Donovan spearheaded. The corporate can also be getting ready for competitors from new gamers, together with what arises from a T-Cell/Dash merger, and from Dish’s plans to enter the wi-fi market.
Donovan had been CEO of AT&T Communications for 2 years, after having joined the corporate as CTO in 2008. Previous to his CEO position beginning in July 2017, he had been promoted to AT&T’s chief technique officer and group president — AT&T Know-how and Operations.
He beforehand labored at Verisign, Deloitte Consulting and InCode Telecom Group.
Donovan, 58, was nearing the corporate’s retirement age of 60, however his departure was nonetheless surprising, The WSJ additionally mentioned.
“It’s been my honor to guide AT&T Communications throughout a interval of unprecedented innovation and funding in new know-how that’s revolutionizing how folks join with their worlds,” mentioned John Donovan, in a press release. “All that we’ve achieved is a credit score to the proficient men and women of AT&T, and their ardour for serving our clients. I’m wanting ahead to the long run – spending extra time with my household and watching with delight because the AT&T staff continues to set the tempo for the trade.”
“JD is a terrific chief and a tech visionary who helped drive AT&T’s management in connecting clients, from our 5G, fiber and FirstNet buildouts, to new merchandise and platforms, to setting the worldwide normal for software-defined networks,” added Randall Stephenson, AT&T’s chairman and CEO. “He led the best way in encouraging his staff to constantly innovate and develop their talent units for the long run. We vastly respect his many contributions to our firm’s success and his untiring dedication to serving clients and making our communities higher. JD is an effective pal, and I want him and his household all the very best within the years forward.”
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