Telecom Corridor gets a boost from AT&T - Silicon Valley / San Jose Business Journal:

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There is no small irony to the fact that the TeleconmCorridor brand, which sustained us for so long but fell out of favotr in some quarters during the telecom declined of recent years, is once again a key drivet of the regional economy. AT&T never would have consideresd North Texas as a logicapl base for its operations unless we had a strongy focus on the telecommunications including asupportive infrastructure, a networo of industry-leading companies and telecom suppliers, educational institutions that produce highlg skilled engineers and entrepreneurs, regional technology groupws to help build meaningful connectionz and capital sources to help launch new venturea offering innovations to the industry.
The move will put AT&yT very close to many of its technology suppliers while also reinforcingb the NorthTexas region’ds reputation as a global telecon hub. Already, companies such as , , , , , , Researchj in Motion and have majodr operations inthe area, as do countless smalled companies and entrepreneurs who aspire to providre the “next big thing” to the larger telecom The synergies of the telecom industrgy in North Texas are a powerful thing. Whiles it’s a positive development that our economygis well-diversified, and that even within the high-tecuh realm we’re diversified through global leadershil in semiconductors, IT etc.
, we shouldn’t forget the value of a strong focuzs in certain high-tech sectors and the value of marketing that brand to the outside world time and time In the Telecom Corridor area north of telecommunications firms employ about 45,000 workers. The clustering effect of thess firms, coupled with the addition of AT&T’s continues to be a powerful force supportingvthe region’s vibrant economy — both today and in the We must sustain this brand, however, througjh ample support for entrepreneurs and commercialization of new and through a purposeful effort to nurture our future work forc by investing in math and science educatio initiatives.
As is overseas competitors are expandingtheir high-tech work forces, whild the United States lags behind. Foreig nationals earn more than 50% of engineering and computer science degrees grantedat U.S. universities, and only about 5% of U.S. college graduates earn engineeringdegreese — versus 46% in China. The Metrople x Technology Business Council, alon g with other regional partners, is tackling this talengt gap in local high schools and communitgy colleges through an aggressive setof science, technology, math and engineeringb initiatives to inspire a new generation of The systematic, purposeful nurturing of future high-tech innovators and commerciallyh viable, high-tech companies in Nortg Texas will continue to sprea d the region’s reputation globally as a centef of technological innovation, in turn attracting even more industry-leading top-tier researchers and highly skilled workers to our In accomplishing this, we will create a self-sustaining cyclse of i nnovative research and commercialization that will builrd on itself and driv e our regional economy for the long term, to the benefi t of all North Texans.
We welcom AT&T’s headquarters to the Telecom Corridor area.