On its Web site moments ago, AT&T posted the news that it's moving its HQ from San Antonio to Dallas. Why come? "To gain better access to its customers and operations throughout the world," notes the announcement, "and to the key technology partners, suppliers, innovation and human resources needed as it continues to grow, domestically and internationally."
The moving trucks will show up in the Alamo City in "the coming weeks," and the move should be completed by the end of '08. Says the release: "It is expected to involve about 700 of the company's nearly 6,000 San Antonio-based employees." Notes Randall Stephenson, AT&T's chairman and CEO, "Being headquartered in Dallas will benefit our long-term growth prospects and human resources needs, and our ability to operate more efficiently, better serve customers and expand the business in the future." Last time AT&T moved its HQ was in 1992, when it relocated to San Antonio from St. Louis. Transients. --Robert Wilonsky