Tag: AT&T
NEW YORK (Reuters) – Rupert Murdoch telephoned AT&T Inc Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. According to one of the sources, the 86-year-old executive chairman of Twenty-First Century Fox Inc offered to buy CNN in both […]
NEW YORK/WASHINGTON (Reuters) – U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of Justice has demanded significant asset sales in order to […]
NEW YORK (Reuters) – AT&T Inc’s third-quarter video losses sent pay-TV industry shares down on Thursday after Wall Street analysts raised concerns about the continued threat of consumers cancelling their cable and satellite television subscriptions. The No. 2 U.S. wireless carrier, which owns satellite television service DirecTV, said in a filing on Wednesday that it […]
(Reuters) – AT&T Inc is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc, people familiar with the matter said. The divestiture would mark a reversal for AT&T, which entered the U.S. home security market […]
WASHINGTON (Reuters) – The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked the chief executives of Alphabet Inc, Facebook Inc, Amazon.com Inc, AT&T Inc, Verizon Communications Inc and other companies to testify at a Sept. 7 hearing on the future of net neutrality rules. The U.S. Federal Communications Commission is considering […]
(Reuters) – AT&T Inc will run its wireless and DirecTV satellite television businesses separately from Time Warner Inc’s media assets following its $85.4 billion acquisition of the entertainment group, a source told Reuters on Friday. Buying Time Warner gives AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted […]
As we put the proverbial pen to (digital) paper, US telecoms merger talks and considerations are underway. We recently discussed (here) the on-again, off-again now on-again telecoms merger between the now very familiar dance partners T-Mobile and Sprint. According to Bloomberg and Handelsblatt, the prospective partners are more excited than ever. German newspaper Handelsblatt reported […]
(Reuters) – Verizon Communications Inc snapped up wireless spectrum holder Straight Path Communications Inc in a $3.1 billion deal, roughly double rival AT&T’s initial offer, as Verizon seeks an advantage in the race toward a 5G network. The $184 per share all-stock offer represents a discount of 17.8 percent to Straight Path’s close on Wednesday […]
News highlights for 30 March AT&T awarded contract for first responders, years late (Reuters) – The United States on Thursday awarded a contract to AT&T Inc to build a nationwide wireless broadband network to better equip first responders, years after a federal commission recommended setting up such a system following the 9/11 attacks. Read more… […]
(Reuters) – U.S. wireless carriers Verizon Communications Inc and AT&T Inc said on Wednesday they have suspended digital advertising on Google’s YouTube and other advertising platforms not related to search over concerns that their ads may have run next to extremist videos. Verizon and AT&T joined a list of well-known British brands such as retailer […]
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