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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 ...
In 2003, AT&T Wireless acquired Telecorp/Tritel and in 2004, closed the Telecorp headquarters in Arlington, VA. Cincinnati Bell Wireless started as a joint venture between Cincinnati Bell and AT&T Wireless, in which AT&T Wireless owned 20%. When AT&T Wireless was purchased by Cingular, control of the 20% passed to Cingular as well.
On November 18, 2005, SBC completed its acquisition of AT&T Corp. to form AT&T Inc. Nevada and Pacific Bells are now known as Pacific Bell Telephone Company d/b/a AT&T California and Nevada Bell Telephone Company d/b/a AT&T Nevada. Pacific Telesis' companies as a whole business are known as AT&T West.
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The broadband war is widening. Recently, AT&T announced plans to bring service to five new markets for a total of 212, CNET reports. AT&T's expansion covers two cities in Texas (Jacksonville and ...
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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]
Comcast MO Group, Inc. (formerly MediaOne Group, Inc.) is a telecommunications company created by US West Inc. in 1998 following US West's acquisition of Boston-based Continental Cable. The company combined Continental with Wometco/GTC, which US West had previously acquired.