AT&T Inc. Named as One of America's Top Corporations for Women's Business Enterprises; AT&T Inc. Recognized by Women's Business Advocate Organization for Outstanding Supplier Diversity Programs.SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- The Women's Business Enterprise National Council (WBENC WBENC Women's Business Enterprise National Council ) today named AT&T Inc. (NYSE NYSE See: New York Stock Exchange : T) to its list of America's Top Corporations for Women's Business Enterprises. AT&T Inc. will receive the Women's Business Enterprise Award today in Washington, D.C., at a ceremony at the White House. The company is being recognized for its world-class supplier diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification. programs through which women's business enterprises (WBEs) are given equal access when competing for, and winning, corporate contracts for goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . WBENC is also recognizing 17 other companies with its award. "Our inclusion in this list is a tremendous honor and a testament to our company's ongoing commitment to incorporating diversity-owned businesses in the AT&T supply chain," said Maureen Merkle, president of procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. for AT&T Inc. AT&T Inc. has a long and impressive history in its efforts to maintain and increase the participation of women business enterprises in the company's business. AT&T's WBE WBE Women's Business Enterprise WBE Women-owned Business Enterprises WBE Woman-owned Business Enterprise WBE Web-Based Education WBE Welch-Bound-Equality WBE World Business Exchange WBE Warner Bros. program, established in 1980, is considered to be a critical initiative and key component of AT&T's plan to deliver the best products and services. In the past decade, AT&T has spent nearly $7.4 billion with WBEs, representing more than 7 percent of AT&T's overall purchasing dollars. Currently, WBEs make up 52 percent of AT&T's top 25 diversity suppliers. In 2005, AT&T spent $2.4 billion with minority, women and disabled veteran business enterprises (M/WBE-DVBEs), representing 15.1 percent of the company's procurement base. Companies included in the America's Top Corporations list were selected based on their WBE program structures, outreach to women-owned businesses, women-owned supplier participation and spending with women-owned businesses. WBENC is the only organization that brings together women's business enterprises and corporations committed to improving marketing opportunities for talented women-owned businesses as vendors and suppliers to the nation's top corporations. About the New AT&T AT&T Inc. is one of the world's largest telecommunications holding companies and is the largest in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Operating globally under the AT&T brand, AT&T companies are recognized as the leading worldwide providers of IP-based communications services to business and as leading U.S. providers of high-speed DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary Internet, local and long distance voice, and directory publishing and advertising services. AT&T Inc. holds a 60 percent ownership interest in Cingular Wireless, which is the No. 1 U.S. wireless services provider with more than 54 million wireless customers. Additional information about AT&T Inc. and AT&T products and services is available at www.TheNewATT.com. (C) 2006 AT&T Knowledge Ventures. All rights reserved. Subsidiaries and affiliates of AT&T Inc. provide products and services under the AT&T brand. |
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