AT&T* today announced its investment to accelerate its work with solution providers through a $300 million commitment of resources over three years that began in 2013. The vast majority of this investment is expected to be spent this year and next year. The investment is intended to drive more Application Programming Interface (API) development and enhance a suite of programs and services to speed up solution providers’ transformation from traditional upfront sales compensation to a recurring revenue stream.
AT&T also announced agreements with GE Capital, Commercial Distribution Finance, Wells Fargo Capital Finance and AT&T Capital Services Inc. to help solution providers in the AT&T Partner ExchangeSM reseller program to strengthen their working capital and grow their business.
Read more about the programs and services offered by AT&T Partner Exchange in our complete news release.