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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.
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]
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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 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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AT&T first announced plans to acquire Time Warner in October 2016. The acquisition would give AT&T significant holdings in the media content industry for the first time, and would allow the company to compete more fully with its primary telecommunications rival, Comcast, which had recently acquired NBCUniversal under a similar strategy.