AT&T Inc (T) Key Developments |
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AT&T Inc (T)

T on New York Consolidated

27 Jun 2016
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Latest Key Developments (Source: Significant Developments)

AT&T and iheartmedia team up to bring streaming radio to U-Verse TV
Wednesday, 8 Jul 2015 09:30am EDT 

AT&T:AT&T and iheartmedia team up to bring streaming radio to U-Verse TV.  Full Article

AT&T Inc declares quarterly dividend
Friday, 26 Jun 2015 12:53pm EDT 

AT&T Inc:Declares quarterly dividend.Sets quarterly dividend of $0.47 per share.  Full Article

AT&T Inc completes acquisition of Nextel Mexico
Thursday, 30 Apr 2015 04:48pm EDT 

AT&T Inc:Completes acquisition of companies operating under name Nextel Mexico from NII Holdings, Inc, including spectrum licenses, network assets, retail stores and subscribers in Mexico, for $1.875 billion, less about $427 million of net debt and other adjustments.  Full Article

U.S. FCC imposes $25 million fine on AT&T over customer data breach - Reuters
Wednesday, 8 Apr 2015 02:48pm EDT 

AT&T Inc:The Federal Communications Commission reached a $25 million settlement with AT&T Inc over a consumer data breach at call centers in Mexico, Colombia and the Philippines, the U.S. communications regulator said - Reuters.The breaches led to unauthorized disclosure of names and full or partial Social Security numbers and illegal access to account information of about 280,000 U.S customers of AT&T.The data was used by call center employees to request handset-unlock codes for AT&T phones and shared with third parties who seem to have been trafficking stolen cell phones.The breaches occurred in 2013 and 2014.The FCC launched an investigation into improper disclosure of customer information at AT&T's Mexico call centers in May.Shortly after that AT&T informed the agency of additional data breaches in Colombia and Philippines.  Full Article

AT&T Inc declares quarterly dividend
Friday, 27 Mar 2015 02:09pm EDT 

AT&T Inc:Declares quarterly dividend of $0.47 a share on common shares.Payable on May 1.Record date as on April 10.  Full Article

AT&T Inc to take $130 mln charge related to voluntary retirement in Q1 2015- Reuters
Tuesday, 10 Mar 2015 08:57pm EDT 

AT&T Inc:Said it expected to take a charge of about $130 mln in Q1 2015, related to the voluntary retirement of nearly 3,000 employees by March 31 - Reuters.The retirements were made under a special offer allowing for lump sum distributions and enhanced payments, the company said in a filing.In Q1 2015, the company said that the rate of customer defections, or churn, is expected to have been lower over the previous year and the previous quarter.Faced with intense competition and promotional activity in the fourth quarter, churn rose to 1.22 pct from a year earlier.AT&T also said it expected costs related to the acquisition of Mexican wireless company Iusacell to hurt its earnings in Q1 2015.AT&T also warned of pressure on its margins, saying it expected margins in both its wireless and wireline businesses to be lower.  Full Article

AT&T and SunEdison Inc join to deliver 677 kilowatt solar system in Texas
Friday, 13 Feb 2015 07:30am EST 

SunEdison Inc:Says completion of 677 kilowatt ground-mount solar photovoltaic (PV) system that will provide energy for AT&T materials distribution facility in Lancaster, Texas.AT&T and SunEdison have worked together since 2010, and in 2012 AT&T awarded SunEdison with a Supplier Sustainability Award for helping launch its solar energy efforts.Says this 677 kilowatt ground-mount solar power plant is the latest collaboration between the companies.Says system is constructed using 2,000 high-efficiency SunEdison solar panels.SunEdison is also working with TerraForm Power on this project.  Full Article

AT&T and General Electric Co strengthen alliance, fuel innovation with smart energy solutions
Wednesday, 4 Feb 2015 09:30am EST 

AT&T and General Electric Co:Working together to create the next generation of smart energy solutions for the Industrial Internet of Things, helping to improve the way the energy industry works.Companies are jointly working on proof of concepts at the AT&T IoT Foundry in Plano, Texas.Building on the companies' global alliance agreement announced in 2013, many of GE's machines and assets, such as locomotives, fleet, aircraft engines and, most recently, smart grid infrastructure, are connected through the AT&T global network.Now, combining advanced solutions from GE with the AT&T Internet of Things (IoT) infrastructure, utilities can seamlessly connect grid assets with critical software applications such as GE's Grid IQ(tm) Connect or GE's Predix (tm) analytics engine.Together, AT&T and GE are simplifying asset connectivity for the grid.  Full Article

AT&T Inc gives FY 2015 guidance in line with analysts' estimates
Tuesday, 27 Jan 2015 04:03pm EST 

AT&T Inc:Expects continued consolidated revenue growth in FY 2015.Expects FY 2015 adjusted EPS growth in low single-digit range.Reported revenue of $132.447 billion and EPS of $2.51 in FY 2014.FY 2015 revenue of $134.916 billion and EPS of $2.55 - Thomson Reuters I/B/E/S.  Full Article

AT&T Inc to acquire NII Holdings Inc's wireless business
Monday, 26 Jan 2015 06:30am EST 

AT&T Inc:Entered into an agreement with NII Holdings Inc to acquire its wireless business in Mexico for $1.875 billion, less the outstanding net debt of the business at closing, in a transaction pursuant to Section 363 of the U.S. Bankruptcy Code.Under terms of the agreement, AT&T will acquire companies, which operate under the name Nextel Mexico, holding all of NII's wireless properties in Mexico, including spectrum licenses, network assets, retail stores and about three million subscribers.  Full Article

BRIEF-Geoffrey Yang joins AT&T board of directors

* Yang is a founding partner and managing director of venture capital firm Redpoint Ventures Source text for Eikon: Further company coverage: