Thread regarding AT&T layoffs

AT&T to create managed cybersecurity joint venture

Per MarketWatch:

AT&T Inc. T plans to create a standalone managed cybersecurity services joint venture, the company said Friday. WillJam Ventures, a Chicago-based investor, has agreed to make a capital investment in the new business. “At close, the new cybersecurity joint venture will hold select security software solutions, associated managed security operations and security consulting resources,” AT&T said in a release. The company intends to keep an ownership stake and board representation in the new joint venture. AT&T expects the transaction to close in the first quarter of 2024 and didn’t announce further terms of it.

by Anonymous
| 2363 views | | 13 replies (last ) | Reply
Post ID: @OP+1pD2U2Cr
Comment! It's anonymous!

13 replies (most recent on top)

The sales leadership don't care about Cybersecurity anymore. All they care care about is gross adds and fiber ports.

by Anonymous
| | Reply
Post ID: @3lwe+1pD2U2Cr

“ Will the people moving to William Ventures get to keep their pensions?”

I’ll bet 50% won’t even get to keep their jobs..

by Anonymous
| | Reply
Post ID: @3mxf+1pD2U2Cr

Will the people moving to William Ventures get to keep their pensions?

by Anonymous
| | Reply
Post ID: @2pqx+1pD2U2Cr

The sick joke is that T had the upper hand in Cyber Security 10 years ago and did absolutely nothing with it. Complete and utter ignorance to the opportunity. They chose to focus on wireline products…go figure.They tried to play catch up by buying companies and it failed miserably. Unfortunately, this is and has been the story with T for far too long. The gauge is the stock price.

by Anonymous
| | Reply
Post ID: @1soc+1pD2U2Cr

Is this some kind of a sick joke?

by Anonymous
| | Reply
Post ID: @1oil+1pD2U2Cr

T would buy a good product from another company, peel the label off , put a T label on it, sc--w up implementation, destroy the billing and ultimately lose the customer. No surprise here…

by Anonymous
| | Reply
Post ID: @1eas+1pD2U2Cr

AT&T is partnering with Enron for cybersecurity.

by Anonymous
| | Reply
Post ID: @1zrx+1pD2U2Cr

Hard pass.

by Anonymous
| | Reply
Post ID: @1cyu+1pD2U2Cr

Wow, I didn't know Enron did cybersecurity.

by Anonymous
| | Reply
Post ID: @1ubk+1pD2U2Cr

lol - will they still use uam? security are legends in their own mind.

by Anonymous
| | Reply
Post ID: @1ykz+1pD2U2Cr

So the carrier that is failing miserably to filter scam calls and texts wants to crate cyber security products.
Thanks but no thanks.

by chuckles
| | Reply
Post ID: @1chp+1pD2U2Cr

Buying Cybersecurity from T is like buying a Hot Tub from a used car lot. Not a single reputable CIO invests in T Cybersecurity products…..

by Anonymous
| | Reply
Post ID: @qqo+1pD2U2Cr

Enron

by Anonymous
| | Reply
Post ID: @ygt+1pD2U2Cr

Post a reply

: