SUPPLIER DIVERSITY


United States Hispanic Chamber of Commerce Takes Note of Supplier Diversity in Proposed AT&T/T-Mobile Merger


he United States Hispanic Cham- ber of Commerce (USHCC) voiced its support of the proposed AT&T and T-Mobile merger, with opportunities to increase supplier diversity for mi- nority-owned businesses and create economic development as the primary points of interest. AT&T’s exemplary commitment to the Hispanic community makes it pos- sible for the USHCC to support the acquisition of T-Mobile. This commit- ment is not limited to the supply chain, but is also evident in their governance which includes a Hispanic CEO and a Hispanic board member at a time when only 3% of Fortune 100 Directors are Hispanic.


T


AT&T is also one of only 17 com- panies across the country that is a member of the Billion Dollar Round- table, an accolade earned by achieving spending of at least $1 billion with mi- nority and woman-owned suppliers. In 2009, AT&T spent $9.2 billion with diverse suppliers which represented nearly 20% of their overall procure- ment spend. “AT&T’s


relationship with His- 6.875 in.


panic business runs deep,” says Javier Palomarez, President and CEO of the USHCC. “We believe that this merger will fuel the growth of minority owned buinee peifially te ipani business community, which is the fast- est growing segment in America.”


About the United States Hispanic Chamber of Commerce (USHCC)


Founded in 1979, the USHCC ac-


tively promotes the economic growth and development of Hispanic entre- preneurs and represents the interests of nearly 3 million Hispanic-owned busi- nesses in the United States that gener- ate nearly $400 billion annually. It also serves as the umbrella organization for more than 200 local Hispanic chambers in the United States and Puerto Rico. To learn more, visit www.ushcc.com.


Source: United States Hispanic Chamber of Commerce


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A public service message from the U.S. General Services Administration. 28 HISPANIC NETWORK MAGAZINE Celebrating 19 Years of Diversity www.hnmagazine.com


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