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Entries in AT&T;:T (172)

Wednesday
May092012
DateWednesday, May 9, 2012 at 9:09AM

AT&T; Completes Directory Sale to Cerberus

Source: AT&T Press Release

AT&T announced that it has completed its sale of AT&T Advertising Solutions and AT&T Interactive to an affiliate of Cerberus Capital Management, L.P.

As previously announced, AT&T received approximately $750 million in cash, a $200 million note and a 47-percent equity interest in the new entity YP Holdings LLC. AT&T expects a minimal effect on 2012 earnings from the transaction and does not expect to record a material gain or loss on the transaction.

AuthorDeborah Rand | Comments Off | | | Print ArticlePrint Article
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Monday
May072012
DateMonday, May 7, 2012 at 9:44AM

AT&T; Plans Nationwide Launch into the Home Security Business

Source: AT&T Press Release

AT&T (NYSE:T) announced plans for a new portfolio of all-digital, IP-based home security monitoring and automation services.  Called AT&T Digital Life, the services will give users control and security of their homes using any web-enabled device, PCs, tablets and smartphones, regardless of wireless carrier.

AT&T plans to begin trials in Atlanta and Dallas this summer. 

Managed by a newly created Digital Life group, the remote monitoring and automation portfolio will feature web-based access to automation, energy and water controls, as well as professionally monitored security services. The devices will be wirelessly enabled to connect to the IP-based AT&T Digital Life platform inside the home. 

The Digital Life platform includes built-in AT&T mobile internet service and will also be capable of Wi-Fi, Z-Wave, and wired broadband connections. Trial subscribers can use their own wired broadband solution with the Digital Life system and can access the service and remotely control the products from smartphones, tablets and PCs, regardless of carrier.

AuthorDeborah Rand | Comments Off | | | Print ArticlePrint Article
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Wednesday
Apr252012
DateWednesday, April 25, 2012 at 6:17PM

FCC Approves AT&T; Transfer of AWS Licenses to T-Mobile USA

Source: T-Mobile USA Press Release

T-Mobile USA announced that the FCC approved the transfer of AWS spectrum licenses from AT&T to T-Mobile USA, agreed to as part of the breakup of the proposed merger between the two companies. This transfer provides T-Mobile with a large package of valuable AWS mobile spectrum in 128 Cellular Market Areas (CMAs), including 12 of the top 20 markets.  

T-Mobile recently announced its 4G evolution strategy. The company will invest $4 billion on network modernization to improve existing voice and data coverage, and broadly deploy LTE in 2013. T-Mobile continues to need more AWS spectrum to support its 4G evolution efforts and the continued growth in mobile data services.

AuthorDeborah Rand | Comments Off | | | Print ArticlePrint Article
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Tuesday
Apr242012
DateTuesday, April 24, 2012 at 9:52AM

Driven By Mobile Data and U-Verse, AT&T; Grows 1Q12 Revenue

Source: AT&T Press Release

AT&T Inc. (NYSE:T) reported first-quarter results highlighted by strong 4G mobile data sales and wireless margins. For the quarter ended March 31, 2012, AT&T's consolidated revenues totaled $31.8 billion, up $575 million, or 1.8 percent, versus the year-earlier quarter. First-quarter 2012 net income attributable to AT&T totaled $3.6 billion, or $0.60 per diluted share, up from $3.4 billion, or $0.57 per diluted share, in the year-earlier quarter.

Total wireless revenues, which include equipment sales, were up 5.4 percent year over year to $16.1 billion. Wireless service revenues increased 4.3 percent, to $14.6 billion, in the first quarter. Wireless data revenues — driven by Internet access, access to applications, messaging and related services — increased by more than $1 billion, or 19.9 percent, from the year-earlier quarter to $6.1 billion.

Total first-quarter wireline revenues were $14.9 billion, down 0.8 percent versus the year-earlier quarter and down slightly sequentially. Continued growth in consumer IP data services in the first quarter offset lower revenues from voice and legacy products. Driven by strength in IP data services, revenues from residential customers totaled $5.4 billion, an increase of 1.0 percent versus the first quarter a year ago. Total AT&T U-verse subscribers (TV and High Speed Internet) reached 6.2 million in the first quarter. AT&T U-verse TV added 200,000 subscribers to reach 4.0 million in service.

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Wednesday
Apr182012
DateWednesday, April 18, 2012 at 9:37AM

AT&T; Announces New Prepaid Data Packages

Source: AT&T Press Release 

AT&T (NYSE:T) announced the following new data packages with double the data or more for the same price for GoPhone customers, available April 22. 

  • 1 GB             $25
  • 200 MB         $15
  • 50 MB           $5     

Data packages are available on GoPhone’s line up of monthly plans.  All data packages are available on the $50 Unlimited Talk & Text nationwide plan for GoPhone smartphones and the $25 Unlimited Text with 250 minutes nationwide GoPhone plan. 

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