AT&T Broadband

Last updated
AT&T Broadband LLC
Company type Division
Industry Cable television
Founded1999;26 years ago (1999) (as AT&T Digital Cable)
Defunct2003 (2003)
FateMerged with Comcast
SuccessorComcast Corporation
Headquarters Englewood, Colorado, U.S.
Parent AT&T
Website broadband.att.com at the Wayback Machine (archived 2000-10-18)

AT&T Broadband LLC was an American digital cable television and telecommunications provider that served as the cable operations division of AT&T. It was founded in March 1999 when AT&T acquired the assets of TCI and renamed it as AT&T Digital Cable. The next year, it was renamed again as AT&T Broadband, and the company had acquired MediaOne as well and became the largest cable operations company in the United States. [1] In 2001, AT&T swapped the cable systems in the San Joaquin Valley region of California, eastern Oregon, northern Utah, and southern Idaho to Cable One; while at the same time acquiring a couple Paragon/Time Warner Cable clusters in Texas and Oregon. Later that same year, it was announced that AT&T Broadband and the Comcast Corporation will be merging their assets into "AT&T Comcast Corporation." The deal was finalized in mid-November 2002 and AT&T Broadband fully merged into Comcast Corporation.

Contents

Merge with Comcast

On December 19, 2001, AT&T Broadband and Comcast Corporation announced that they would be merging as a decision was made by their respective Board of Directors. The value of the transaction was $72 billion and jointly had covered over 22 million subscribers across all United States. Originally, the name of the merger company was supposed to be AT&T Comcast Corporation with each company providing 5 members for the Board of Directors, including 2 external members. [2] [3]

In 2002, AT&T went through corporate restructuring. In the middle of November 2002, the deal was finalized and Comcast acquired AT&T Broadband under the name "Comcast Corporation". [4]

See also

References

  1. "The History of AT&T Company". The History of Computing Project. Retrieved April 10, 2010.
  2. "AT&T Broadband to Merge with Comcast Corporation in $72 Billion Transaction". Comcast. December 19, 2001. Retrieved April 10, 2020.
  3. Schiesel, Seth; Sorkin, Andrew Ross (20 December 2001). "AT&T;'S CABLE DEAL: THE OVERVIEW; COMCAST WINS BID FOR AT&T;'S CABLE". The New York Times. Retrieved 15 June 2025.
  4. "Comcast Completes AT&T Broadband Transaction". Comcast. November 18, 2002. Retrieved April 10, 2020.