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Mar 15, 2013

AT&T addresses rumors on sale of non-core assets
AT&T announced last Thursday that it would be selling off its non-core assets in order to gain additional financial flexibility. The company declined though on what assets would be offered.

Mar 14, 2013

AT&T Says Itís Open to Sale of Assets
AT&Tís remarks follow speculation by analysts that the company is working on unloading some of its assets, especially its wireless towers. Finding a buyer for the towers could raise about $5 billion in cash, based on the value of similar transactions by T-Mobile USA and other companies, estimates Jonathan Atkin, an analyst at RBC Capital Markets LLC. In these transactions, the carrier typically leases back antenna space from the buyer so that its network isnít affected.

Mar 12, 2013

AT&T Blows Past Verizon in 4G LTE Speed Tests
RootMetrics evaluated the performance of all four major carriers in 77 markets across the U.S. While AT&T only covered 47 of those regions with its LTE network, RootMetrics determined it to be the fastest.

Mar 11, 2013

AT&T CEO's 2012 Compensation Valued at $22.2 Million
Mr. Stephenson's base salary was unchanged at $1.55 million. A slight drop in the value of stock and option awards and a smaller increase in pension value and deferred compensation were offset by a rise in non-equity incentive plan compensation.

Mar 8, 2013

AT&T Mobility reaches 4-year agreement with union
The company said Friday that the agreement includes general wage increases in each year of the four-year contract and maintains pensions for all employees, plus retirement savings plans, with no changes. Health care and other benefits are bargained separately.

Feb 25, 2013

AT&T, GM team up to make 4G cars
The partnership with AT&T also allows GM to put third-party applications in its cars, the companies said. Consumers would be able to stream content from services like Netflix to passengers in the back seat, for example. The companies will also work to integrate voice-recognition technology from AT&T for more advanced hands-free technology aimed at decreasing distracted driving.

 

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