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AT&T and Verizon make moves to combat racial inequality

June 29, 2020

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AT&T and Verizon are both making spending decisions that reflect corporate commitments to fighting racial inequality in the U.S.

AT&T says it has spent almost $3 billion with black-owned suppliers this year, making good on a pledge made in February before the death of George Floyd reignited the Black Lives Matter movement. The carrier committed to spending $3 billion with black-owned businesses during 2020, and says it is already almost 90% of the way there. The company says it is seeking out black-owned businesses in areas including technology development, construction and engineering, legal and professional services, and emerging technologies.

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