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AT&T signed on to the Maryland Public Service Commission’s supplier...

AT&T signed on to the Maryland Public Service Commission’s supplier diversity initiative Wednesday at a special session. It’s the 17th company to join in this memorandum of understanding, which strives to create more opportunities for diverse suppliers, according to the…

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PSC (http://xrl.us/bnztnq). Eligibility requirements call for a company to earn more than $10 million in Maryland revenue, and the agreement calls for participating companies’ “best efforts” to grant a quarter of all contracts, subcontracts and purchase orders “to diverse suppliers, defined as minority-, women- and service-disabled veteran-owned businesses and not-for-profit organizations,” the PSC said. In a statement, AT&T Mid Atlantic President Michael Schweder touted the telco’s “strong record of success” in supplier diversity. Participating companies have to file annual reports, the PSC said. Maryland’s diverse supplier procurement grew from $294 million in 2010 to $430 million in 2011, it added. There are 16 qualifying companies that don’t participate, according to the PSC.