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ATT Inc. (NYSE: T) said today that after a thorough review of options it has agreed with Deutsche Telekom AG to end its bid to acquire T-Mobile USA, which began in March of this year.
The actions by the Federal Communications Commission and the Department of Justice to block this transaction do not change the realities of the U.S. wireless industry. It is one of the most fiercely competitive industries in the world, with a mounting need for more spectrum that has not diminished and must be addressed immediately. The AT&T and T-Mobile USA combination would have offered an interim solution to this spectrum shortage. In the absence of such steps, customers will be harmed and needed investment will be stifled.
Read more here: http://www.att.com/gen/press-room?pid=22146&cdvn=news&newsarticleid=33560&mapcode=corporate|wireless-networks-general
To reflect the break-up considerations due Deutsche Telekom, AT&T will recognize a pretax accounting charge of $4 billion in the 4th quarter of 2011.
Additionally, ATT will enter a mutually beneficial roaming agreement with Deutsche Telekom.
Dallas, Texas, December 06, 2011
Don’t touch that dial. A new variety of interactive educational content for the youngsters in the household is headed to a TV near you.
AT&T* today announced an agreement with TVTextbook to provide mobile broadband connectivity to TVTextbook’s eLearning connected device portfolio. TVTextbook (TVT) delivers high-quality K-12 curriculum that is distributed through a learning console connected to the television.
Only TVTextbook leverages basic television–a product found in virtually every U.S. household–to help school districts deliver a digital education to 100% of their students. AT&T’s connectivity will bring a seamless, wireless connection between school and home.
Read more here: http://www.att.com/gen/press-room?pid=22103&cdvn=news&newsarticleid=33467&mapcode=corporate|broadband
The actions by the Federal Communications Commission and the Department of Justice to block this transaction do not change the realities of the U.S. wireless industry. It is one of the most fiercely competitive industries in the world, with a mounting need for more spectrum that has not diminished and must be addressed immediately. The AT&T and T-Mobile USA combination would have offered an interim solution to this spectrum shortage. In the absence of such steps, customers will be harmed and needed investment will be stifled.
Read more here: http://www.att.com/gen/press-room?pid=22146&cdvn=news&newsarticleid=33560&mapcode=corporate|wireless-networks-general
To reflect the break-up considerations due Deutsche Telekom, AT&T will recognize a pretax accounting charge of $4 billion in the 4th quarter of 2011.
Additionally, ATT will enter a mutually beneficial roaming agreement with Deutsche Telekom.
(Looks like ATT still has a hand in the DeKalb County cookie jar after all!)
Dallas, Texas, December 06, 2011
Don’t touch that dial. A new variety of interactive educational content for the youngsters in the household is headed to a TV near you.
AT&T* today announced an agreement with TVTextbook to provide mobile broadband connectivity to TVTextbook’s eLearning connected device portfolio. TVTextbook (TVT) delivers high-quality K-12 curriculum that is distributed through a learning console connected to the television.
Only TVTextbook leverages basic television–a product found in virtually every U.S. household–to help school districts deliver a digital education to 100% of their students. AT&T’s connectivity will bring a seamless, wireless connection between school and home.
Read more here: http://www.att.com/gen/press-room?pid=22103&cdvn=news&newsarticleid=33467&mapcode=corporate|broadband
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