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By John BIERS NEW YORK, Feb 22, 2024 (AFP) – Thousands of AT&T customers in the United States lost cell phone service for hours Thursday, with US officials saying there was no immediate indication of any cybersecurity attack. AT&T had succeeded by midday in winnowing the number of affected customers to a few thousand from a peak of 75,000. A few hours later near mid-afternoon, the company said it had fully restored all service. “We […]
by Rob Lever Agence France-Presse WASHINGTON, United States – A US judge Tuesday approved the $85 billion merger of wireless and broadband giant AT&T with media-entertainment conglomerate Time Warner, delivering a stinging rebuke to Donald Trump’s administration in its first major antitrust challenge. Federal Judge Richard Leon said the government had failed to meet its burden of proof that the tie-up between the largest US pay-TV operator and the media entertainment giant would harm competition. […]
WASHINGTON, United States (AFP) — Chinese tech giant Huawei faces a major setback in efforts to expand in the US smartphone market following renewed national security concerns, documents showed. Huawei, which appeared to lose a deal with AT&T that would have given it an improved foothold in the handset market, faced criticism from US lawmakers over its intellectual property protection and its ties to Chinese intelligence, according to a letter seen by AFP this week. […]
Reuters — A source told Reuters Monday the Justice Department will file a lawsuit blocking AT&T’s $85-billion purchase of Time Warner. Tech and telecom stocks like AT&T pushed Wall Street higher on Monday. Trading volumes could be thin this week ahead of the Thanksgiving holiday on Thursday since no big companies are reporting earnings and economic data are slim. “As we sit today going into year end, we think that the stability will continue. However, […]
(Reuters) – AT&T Inc plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge as customers consume more video on their mobile devices. The deal, announced on Sunday, highlights AT&T’s pressing need for fresh avenues of growth beyond the maturing U.S. cellular business, which has become increasingly competitive. The combination with DirecTV, the No.1 U.S. satellite TV provider with 20 million customers, would […]
By Marina Lopes NEW YORK Tue Apr 22, 2014 7:29pm EDT (Reuters) – AT&T Inc on Tuesday raised its forecast for full-year revenue growth to reflect its acquisition of LEAP wireless in March and the popularity of a new handset pricing model that charges customers for devices separately from their wireless plans. Like other carriers, AT&T is seeking growth in a nearly saturated environment, making strategies such as alternate pricing plans more crucial to attract […]
