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As per the original acquisition agreement, Deutsche Telekom would receive $3 billion in cash as well as access to $1 billion worth of AT&T-held wireless spectrum. According to a February 2012 regulatory filing, AT&T CEO Randall Stephenson 's compensation was cut by "more than $2 million" in response to the effect the failed purchase attempt had ...
The AT&T Wireless brand was retired by Cingular on April 26, 2005, six months after the close of the merger. This was per a pre-spinoff agreement with AT&T Corp. that stated that if AT&T Wireless was to be bought by a competitor, the rights to the name AT&T Wireless and the use of the AT&T name in wireless phone service would revert to AT&T Corp.
Also in 1999, AT&T paid US$5 billion to purchase IBM's Global Network business, which became AT&T Global Network Services, LLC. As part of the purchase agreement, IBM granted AT&T a five-year, US$5-billion contract to handle much of IBM's networking needs, and AT&T outsourced some of its application processing and data management work to IBM.
As AT&T (NYS: T) struggles to push through its proposed acquisition of T-Mobile USA, the question becomes: What will T-Mobile do if AT&T's acquisition of the company fails? Much of the arguments ...
AT&T Receives FCC Approval for Acquisition of NextWave Wireless, Other WCS Transactions; Approval Sets the Stage for WCS Spectrum for Mobile Broadband Use DALLAS--(BUSINESS WIRE)-- AT&T announced ...
In a process that started back in January of this year, the FCC has given the thumbs-up to AT&T on its proposed $780 million acquisition of Alltel assets. The package includes retail stores ...
AT&T Mobility, LLC, also known as AT&T Wireless and marketed as simply AT&T, is an American telecommunications company. It is a wholly owned subsidiary of AT&T Inc. and provides wireless services in the United States. AT&T Mobility is the third largest wireless carrier in the United States, with 116 million subscribers as of September 30, 2024. [3]
AT&T Completes Acquisition of Alltel Assets from Atlantic Tele-Network Inc.; Will Bring 4G Service to More Idahoans in Rural Areas BOISE, Idaho--(BUSINESS WIRE)-- AT&T* today announced that it has ...