AT&T shoots down shareholder demands for transparency on law enforcement requests

Last month, institutional investors in AT&T and Verizon asked the two companies begin to issue the kinds of transparency reports popularized by internet businesses like Twitter and Google. Today, AT&T is issuing its response to the request, reports the New York Times, and unsurprisingly, it’s not too excited about the idea. To AT&T, its response to law enforcement requests represent “ordinary business operations,” outside the purview of ordinary shareholders, so it’s excluding the request from the ballot for next spring’s annual shareholder meeting. The policy the company cites is designed to prevent shareholders from “probing too deeply into matters of a complex nature upon which [they]… would not be in a position to make an…

Continue reading…

Source: The Verge - Read the original article here

Author: Daily Tech Whip

This article is part of our 'News Tiles' service. The site is currently in Beta. When it is fully operational you will be able to search through and arrange the 'Tiles' to display a keyword, product or technology over your chosen time period. For example you would be able to display all of the leading tech articles on the new Kindle Fire, in one spot in real time. You will also have access to our own original reporting and analysis as well as a polished place to post your own thoughts & reviews here, amongst the Daily Tech Whip Community. Please let us know if you have any feedback via the contact form or via Twitter. Don't forget to come back next week and see our full site and claim your name and your own free tech blog.

Share This Post On