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AT&T Inc (T.N)

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Latest Key Developments (Source: Significant Developments)

AT&T spokesperson says 37,000 workers currently on strike
Friday, 19 May 2017 03:15pm EDT 

May 19 (Reuters) - AT&T spokesperson::Says 37,000 AT&T workers currently on strike.  Full Article

AT&T completed deployment of nationwide LTE-M network ahead of schedule
Thursday, 18 May 2017 02:53pm EDT 

May 18 (Reuters) - At&T Inc :Completed deployment of its nationwide LTE-m network ahead of schedule.Plan to deploy LTE-M across Mexico by end of 2017.  Full Article

Voip-Pal.Com plans to increase damage demands in lawsuits versus Apple, Verizon and AT&T
Monday, 15 May 2017 05:00am EDT 

May 15 (Reuters) - Voip-Pal.com-:voip-pal.com announces plans to increase damage demands in lawsuits versus Apple, Verizon and AT&T.voip-pal.com -revised total damages sought by Voip-Pal from Apple would rise from more than two billion dollars to more than twenty-five billion dollars.voip-pal.com - Current damages sought from Verizon of more than two billion dollars would increase to over seventeen billion dollars.voip-pal.com -Current damages sought from AT&T would increase from more than one billion dollars to over thirteen billion dollars.  Full Article

AT&T says Straight Path elected to accept superior offer, terminated agreement with AT&T "after we declined to exercise our matching right"
Thursday, 11 May 2017 05:37pm EDT 

May 11 (Reuters) - AT&T Inc ::Says Straight Path elected to accept superior offer, terminated agreement with AT&T "after we declined to exercise our matching right".  Full Article

Verizon to buy Straight Path for more than $3 billion- WSJ
Wednesday, 10 May 2017 10:51pm EDT 

May 10 (Reuters) - :Verizon Communications to buy Straight Path Communications for more than $3 billion, after beating rival AT&T Inc in bidding war - WSJ, citing sources.  Full Article

Oracle and AT&T enter into strategic agreement
Thursday, 4 May 2017 09:00am EDT 

May 4 (Reuters) - Oracle Corp ::Oracle and AT&T enter into strategic agreement.Oracle - AT&T signed agreement to move thousands of large scale internal databases to co's cloud infrastructure as a service and platform as a service.Oracle says AT&T will migrate thousands of existing oracle databases containing petabytes of data plus associated applications workloads to oracle cloud.  Full Article

Time Warner Q1 adjusted earnings $1.66/shr from cont ops
Wednesday, 3 May 2017 07:00am EDT 

May 3 (Reuters) - Time Warner Inc :Time warner inc. Reports first-quarter 2017 results.Q1 adjusted earnings per share $1.66 from continuing operations.Q1 earnings per share $1.80 from continuing operations.Q1 revenue $7.7 billion versus i/b/e/s view $7.67 billion.Time warner inc qtrly warner bros. Segment revenues increased 8% ($256 million) to $3.4 billion.Time warner inc - qtrly turner segment revenues increased 6% ($182 million) to $3.1 billion,.Time warner inc - q1 home box office revenues increased 4% to $1.6 billion.Q1 adjusted earnings per share $1.66.Q1 earnings per share $1.80.Q1 earnings per share view $1.45 -- Thomson Reuters I/B/E/S.Time warner inc - remain on track, pending completion of regulatory reviews and receipt of consents, to close merger with at&t inc. Before end of 2017.Time warner inc - for three months ended march 31, 2017, company recognized $82 million of costs related to at&t merger.Time warner - in connection with at&t merger, as of march 31, co granted 5.7 million special retention rsus to certain employees of co and its divisions.Time warner - certain employees of co and its divisions, including executive officers other than chairman and ceo, got or will get cash retention award.  Full Article

Straight Path says revised offer to buy Co for $135.96/share constitutes “superior proposal”
Wednesday, 3 May 2017 06:45am EDT 

May 3 (Reuters) - Straight Path Communications Inc ::Straight Path board determines that a revised offer from a multi-national telecommunications company to acquire Straight Path for $135.96 per share constitutes a “superior proposal”.Revised offer reflects enterprise value of about $2.3 billion.Straight Path has notified AT&T of Straight Path board's determination regarding proposal.AT&T has option for next 3 business days to negotiate amendment of agreement to match or exceed offer made by multi-national telecom company.Under AT&T merger agreement, Straight Path is required to pay a $38 million termination fee to AT&T.  Full Article

AT&T, IBEW reach tentative agreement in Midwest wireline contract negotiations
Wednesday, 26 Apr 2017 03:11pm EDT 

April 26 (Reuters) - At&T Inc ::AT&T, IBEW reach tentative agreement in Midwest wireline contract negotiations.Five-year agreement covers nearly 5,000 wireline employees primarily in Illinois and Northwest Indiana.Current contract expires on June 24, 2017.Tentative agreement reached by units with International Brotherhood of Electrical Workers System Council T-3 in wireline contract negotiations.Also announced it will hire 1,000 people into IBEW-represented jobs in next five years, including a new call center in Chicago.  Full Article

AT&T says had 38.7 mln video subscribers at March 31, 2017
Tuesday, 25 Apr 2017 04:18pm EDT 

April 25 (Reuters) - At&T Inc ::AT&T Inc - at march 31, 2017, had 38.7 million video subscribers (excluding directv now) compared with 37.8 million at march 31, 2016 - sec filing.AT&T Inc - at March 31, 2017, about 84 percent of linear video subscribers are on satellite platform.  Full Article

More From Around the Web

Fitch Affirms WPP at 'BBB+'; Outlook Stable

(The following statement was released by the rating agency) LONDON, May 23 (Fitch) Fitch Ratings has affirmed UK-based WPP Plc's Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB+'. The Outlook is Stable. A full list of ratings actions is below. The ratings reflect the leading market position of WPP within the marketing communications services sector and its effective scale and diversification across geographies, products and customer market sectors. The ratings are suppo