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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 ...
On May 17, 2021 AT&T announced that it was spinning off its content subsidiary WarnerMedia and merging it with Discovery, Inc. to form a new company, Warner Bros. Discovery, subject to regulatory approval. The deal, which closed in April 2022, was structured as a Reverse Morris Trust; at the time the deal was completed, AT&T's shareholders held ...
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.
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AT&T (NYSE: T) stock jumped 4% through 11:05 a.m. ET Tuesday after outlining its "strategic plan to drive sustainable growth and enhanced shareholder returns" through 2027. Build the nation's ...
AT&T also reiterated its 2025 guidance, which it first issued during its analyst day event last year. AT&T added 482,000 net postpaid phone subscribers during Q4, its best result since last year's Q4.
AT&T announced in 1995 that it would split into three companies: a manufacturing/R&D company, a computer company, and a services company. NCR, Bell Labs and AT&T Technologies were to be spun off by 1997. In preparation for its spin-off, AT&T Technologies was renamed Lucent Technologies. Lucent was completely spun off from AT&T in 1996.
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