AT&T Names New Labs President and CEO

Industry veteran with more than 30 years of experience replacing retiring executive

Dallas, Texas, June 23, 2011

AT&T Inc. (NYSE: T) today announced the appointment of Krish Prabhu as president and CEO of AT&T Labs. Prabhu replaces retiring president and CEO Keith Cambron, who has led AT&T Labs since 2005.

Prabhu, who will be based in Dallas, brings valuable experience in research, corporate leadership and innovation, and venture funding to AT&T. His telecoms industry career began in 1980 at the former AT&T Bell Laboratories.  He has served in several telecoms executive positions, including as chief executive officer of Alcatel USA and Tellabs.  He also has worked with the start-up and developer communities as a venture capitalist.

"Krish has a passion for innovation that fits our culture, and the right professional experience to lead AT&T Labs at a dynamic time in our innovation program," said John Donovan, AT&T Chief Technology Officer. “He’ll be a key driver for AT&T’s innovation strategy, which focuses on creating an open environment and bringing the best minds together to deliver the best products and services for our customers.”

"AT&T Labs is one of the world’s all-time great innovation engines, with more than 1,200 leading scientists and engineers generating more than two patentable ideas a day,” said Prabhu. "The opportunity to lead this team is a professional dream come true.”

Prabhu holds a Master of Science degree in physics from the Indian Institute of Technology, Bombay and a Ph.D. in electrical engineering from the University of Pittsburgh, where he also serves as a member of the Board of Visitors at the School of Engineering. In addition, he is a life member of the Development Board of the University of Texas at Dallas.

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About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.

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