Search results
Results From The WOW.Com Content Network
Cingular became wholly owned by the new AT&T in December 2006 as a result of the new AT&T's acquisition of BellSouth. After the merger, Cingular was renamed AT&T Mobility in late 2006 and remained the largest wireless carrier until 2009 when Verizon Wireless acquired Alltel to become the largest wireless service provider by a number of subscribers.
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 ...
The Department of Justice's lawsuit last month to halt AT&T's (NYS: T) $39 billion acquisition of T-Mobile has given Sprint Nextel (NYS: S) some hope in its fight to stay alive. So Sprint has ...
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]
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 ...
For premium support please call: 800-290-4726 more ways to reach us
AT&T was unable to make the merger work for many reasons, and split the company into three separate companies: AT&T Corp. continued and retained its long-distance business, AT&T Wireless Services was spun off as a public company, and AT&T Broadband was purchased by Comcast. At this point, MediaOne became known as Comcast MO Group, Inc.
As of February 2024, the largest ever acquisition was the 1999 takeover of Mannesmann by Vodafone Airtouch plc at $183 billion ($334.7 billion adjusted for inflation). AT&T appears in these lists the most times with five entries, for a combined transaction value of $311.4 billion. Mergers and acquisitions are notated with the year the ...