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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.
On January 22, 2013, AT&T announced [14] that it had signed an agreement with Atlantic Tele-Network to acquire the company's U.S. retail wireless operations, operated under the Alltel brand, for $780 million in cash. Under terms of the agreement, AT&T will acquire wireless properties, including licenses, network assets, retail stores and ...
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 ...
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 ...
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.
AT&T also offers services in many locations throughout the Asia Pacific; its regional headquarters is located in Hong Kong. [112] 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.
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