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The AT&T Wireless brand was retired by Cingular on April 26, 2005, six months after the close of the merger. This was per a pre-spinoff agreement with AT&T Corp. that stated that if AT&T Wireless was to be bought by a competitor, the rights to the name AT&T Wireless and the use of the AT&T name in wireless phone service would revert to AT&T Corp.
AT&T Corporation, the original parent, was acquired effective November 18, 2005, by SBC, which renamed itself AT&T Inc. and began using the ticker symbol "T" and a new AT&T corporate logo. [15] The new company then acquired BellSouth for $85.8 billion on January 3, 2007, with FCC approval.
AT&T announced in 1995 that it would split into three companies: a manufacturing/R&D company, a computer company, and a services company. NCR, Bell Labs and AT&T Technologies were to be spun off by 1997. In preparation for its spin-off, AT&T Technologies was renamed Lucent Technologies. Lucent was completely spun off from AT&T in 1996.
Despite selling off its media arm and shedding over 19.6% on Monday, AT&T (NYSE:T) could be on its way to a solid future with its current strategic moves and business focus. It was unclear what ...
AT&T’s (NYSE:T) merger-spinoff is now complete, with Warner Bros. Discovery (NASDAQ:WBD) trading as its own entity. Investors are hoping that this decision ends up creating value between the two ...
John Stankey, AT&T CEO, joins Yahoo Finance’s Andy Serwer, Myles Udland, Julie Hyman, and Brian Sozzi, to discuss the AT&T-Discovery deal and what it means for the future.
AT&T Broadband LLC was AT&T's cable operations division. It was founded in March 1999 when AT&T acquired the assets of TCI and renamed it to AT&T Broadband. The next year, AT&T Broadband had acquired MediaOne as well and became the largest cable operations company in the United States. [ 1 ]
AT&T Inc. (NYSE: T) reported second quarter 2013 results after markets closed today. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.67 on revenues of $32.1 ...