Telecom giant AT&T announced Friday that it has outgrown its San Antonio corporate headquarters and is moving to Dallas.
The company's rationale, according to a statement, is that Dallas will give it better access to customers and worldwide operations, and also to "the key technology partners, suppliers, innovation and human resources need as it continues to grow." Some of those technology companies with major operations in Dallas include: Alcatel-Lucent, Cisco Systems, Ericsson, Fujitsu, Nokia, Nortel, Research In Motion, and Samsung.
The move, which affects just 700 or so of the 6,000-some San Antonio-based employees, is expected to get under way in the coming weeks and be complete by the end of the year.
"San Antonio is a great city with much to offer and it's been good for AT&T as we've grown from primarily a five-state local phone company to the world's largest telecom company," said AT&T CEO Randall Stephenson. "San Antonio will continue to be a major operations and employment center for us."