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American multinational conglomerate

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AT&T: American multinational conglomerate
AT&T Inc. is an American multinational conglomerate holding company, Delaware-registered but headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company, the largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it is also the parent company of mass media conglomerate WarnerMedia, making it the world's largest media and entertainment company in terms of revenue. As of 2018, AT&T was ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue.


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AT&T denies investors a dial-in as annual meeting goes online

Activist investors say telecommunications pioneer AT&T Inc will not take their calls for its upcoming annual meeting, reinforcing their concerns that the shift of the gathering to cyberspace due to the..
Reuters - Published

Exclusive: CEO of AT&T ad unit Xandr resigns - source

Brian Lesser, chief executive of AT&T Inc's advertising unit Xandr, has resigned, a source familiar with the matter said on Wednesday, raising questions about the future of its advanced advertising..
Reuters - Published

Major U.S. tech firms pull out of Barcelona meet over coronavirus fears

Cisco Systems Inc , Facebook Inc , AT&T and Sprint Corp on Tuesday became the latest U.S. technology companies to pull out of the Mobile World Congress (MWC) in Barcelona due to the coronavirus..
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CBS misses revenue estimates as AT&T dispute hurts ad sales

CBS Corp fell short of Wall Street estimates for third-quarter revenue on Tuesday, as a 19-day carriage dispute with AT&T Inc pressured advertising sales during the period.
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AT&T surprises with HBO Max price in battle against Disney and Netflix

AT&T Inc in May will launch its HBO Max streaming service with a new "Game of Thrones" series at the current HBO price of $15 a month in an aggressive move to battle Netflix, Disney and Apple for the..
Reuters - Published

AT&T reveals HBO Max price and date it will take on Disney, Netflix

AT&T Inc executives on Tuesday said the company's HBO Max streaming video service will cost $15 per month -- the same price it currently charges for HBO -- when it launches in May 2020, marking an..
Reuters - Published

AT&T to add directors, sell up to $10 billion in assets next year

AT&T Inc on Monday unveiled a three-year strategic plan that included adding two new board members, selling off up to $10 billion worth of non-core businesses next year and paying off all its debt from..
Reuters - Published

Behind AT&T's plan to take on Netflix, Apple and Disney with HBO Max

In the bestselling novel "Circe" -- optioned by WarnerMedia for its forthcoming HBO Max streaming service -- the daughter of the Greek god Helios tames wild beasts and menaces the gods.
Reuters - Published

AT&T, Elliott in talks after activist campaign launched: sources

AT&T and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with..
Reuters - Published

U.S. presidential candidate Warren calls on AT&T to reject plan she says will cost jobs

U.S. presidential candidate Elizabeth Warren called on AT&T Inc to reject an activist investor plan she said would lead to job cuts, staking out a different position than President Donald Trump who has..
Reuters - Published

Elliott Management calls for AT&T shake-up as Trump piles on

Activist investor Elliott Management Corp on Monday unveiled a $3.2 billion stake in AT&T Inc and urged the sprawling U.S. telecommunications and media conglomerate to end its acquisition spree and..
Reuters - Published

Elliott questions AT&T's Time Warner purchase, calls for asset sales

Activist investor Elliott Management Corp on Monday questioned AT&T Inc's $85 billion takeover of Time Warner and called for the wireless carrier to sell non-core businesses to boost its stock price,..
Reuters - Published

Trump calls activist shareholder moves on AT&T 'great news'

U.S. President Donald Trump on Monday weighed in on activist investor Elliott Management Corp's moves targeting AT&T Inc , calling the hedge fund's actions "great news" and repeating his criticism of..
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Elliott urges AT&T to sell assets, questions Time Warner deal

AT&T Inc shareholder Elliott Management Corp on Monday called for the wireless carrier to sell some of its non-core businesses and cut costs in an effort to return more value to shareholders, sending..
Reuters - Published

Shareholder Elliott urges restructuring at AT&T

AT&T Inc shareholder Elliott Management Corp on Monday called the wireless carrier "deeply undervalued" and urged it to restructure its business, including cutting costs in units, to increase..
Reuters - Published

U.S. state legal chiefs, telecom firms set to crack down on robocalls

Attorneys general from 50 U.S. states and the District of Columbia will announce on Thursday they are joining forces with major telecommunications providers, including AT&T Inc, Verizon Communications..
Reuters - Published

AT&T wireless business grows but premium TV subscribers decline

AT&T Inc on Wednesday beat Wall Street estimates for net wireless subscribers who pay a monthly bill as it ground out some growth in a saturated market and continued to bundle media content from Time..
Reuters - Published

AT&T beats quarterly phone subscriber estimates

AT&T Inc on Wednesday beat Wall Street estimates for net wireless subscribers who pay a monthly bill as it grounded out some growth in a saturated market and continued to bundle media content from Time..
Reuters - Published

CBS stations go dark for DirecTV customers amid contract dispute with AT&T

CBS Corp and AT&T Inc failed to renew their contact, resulting in millions of DirecTV subscribers losing access to CBS programming.
Reuters - Published

AT&T drops CBS channels from its cable systems

CBS Corp said on Saturday AT&T Inc has removed CBS's television stations from the channels of DIRECTV, DIRECTV NOW and AT&T U-verse TV customers.
Reuters - Published

Microsoft, AT&T sign cloud deal worth more than $2 billion

Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365,..
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U.S. antitrust chief says past enforcement could presage new probe of current digital giants

The top U.S. antitrust enforcer said on Tuesday that studying enforcement actions against Standard Oil and AT&T decades ago can help lay the groundwork for looking at possible anti-competitive behavior..
Reuters - Published

Trump says customers should drop AT&T over CNN news coverage

U.S. President Donald Trump targeted AT&T on Monday, urging customers to drop the telecommunications company over its ownership of cable news network CNN in the latest salvo in his long-running..
Reuters - Published

Democratic House Votes to Restore Net Neutrality - But There’s a Long Road Ahead

democratic house votes to restore net neutrality - but there’s a long road ahead
by Adam Yardley - The US House of Representatives has voted to bring the Obama-era Net Neutrality rules back into law following months of speculation. However, with the bill set to undergo further..
One News Page Staff - Published