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AT&T acquired TCI in a $48 billion all-stock transaction including the assumption of $16 billion of debt. AT&T acquired MediaOne for $54 billion in cash and stock, after a bidding war with Comcast. In 1998, the company took over Teleport Communications Group, a company founded in 1985 to compete with New York Telephone Company using fiber ...
Partnering with AT&T as a technology provider, McCaw introduced their "Cellular One" service in 1990, the first truly national cellular system. AT&T purchased 33% of the company in 1992 and arranged a merger in 1994 that made Craig McCaw one of AT&T's largest shareholders. In 2002, the company was spun off from AT&T to become AT&T Wireless ...
AT&T Corporation, the original parent, was acquired effective November 18, 2005, by SBC, which renamed itself AT&T Inc. and began using the ticker symbol "T" and a new AT&T corporate logo. [15] The new company then acquired BellSouth for $85.8 billion on January 3, 2007, with FCC approval.
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BellSouth, acquired by AT&T Inc. in 2006; NYNEX, acquired by Bell Atlantic in 1996, now part of Verizon Communications; Pacific Telesis, acquired by SBC in 1997, now part of AT&T Inc. Southwestern Bell (later SBC, now AT&T Inc.), which acquired AT&T Corp. in 2005; US West, acquired by Qwest in 2000, which in turn was acquired by CenturyLink ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of January 6, 2025. Leo Sun has positions in AT&T. The Motley ...
The company reported 135 thousand AT&T Internet Air net adds, lagging consensus of 147 thousand. AT&T’s adjusted EBITDA of $11.59 billion was up from $11.20 billion a year ago. It spent $5.3 ...
The company is also active in Mexico, and on November 7, 2014, it was announced that Mexican carrier Iusacell would be acquired by AT&T. [48] The acquisition was approved in January 2015. [113] [114] On April 30, 2015, AT&T acquired wireless operations Nextel Mexico from NII Holdings (now AT&T Mexico). [115]