AT&T Communications

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AT&T Communications
Company type Division
Industry
Predecessor AT&T Communications
FoundedAugust 1, 2017;7 years ago (2017-08-01)
Headquarters Whitacre Tower,
Dallas, Texas
,
United States
Key people
Jeff McElfresh (CEO)
Products Wireless
Mobile phone
Broadband
Fixed line telephone
Home security
RevenueDecrease2.svg US$ 144 billion (2018)
Parent AT&T
Divisions Mobility
Internet
Subsidiaries AT&T Labs
AT&T Digital Life
AT&T Cybersecurity
Website www.att.com

AT&T Communications is a division of AT&T that focuses on mobile phone, broadband, fixed line telephone, home security, network security, and business services. The division houses AT&T Mobility, AT&T Internet, AT&T Phone, AT&T Long Distance, AT&T Labs, AT&T Digital Life, and AT&T Cybersecurity.

Contents

History and information

On July 28, 2017, AT&T announced a new AT&T Communications corporate division housing AT&T Mobility, DirecTV, U-verse, AT&T Business, AT&T Intellectual Property, AT&T Labs, Cricket Wireless, AT&T Digital Life, Vyatta, AT&T Adworks, and Technology and Operations Group. [1]

In October 2016, AT&T announced a deal to acquire Time Warner worth $85.4 billion (including assumed Time Warner debt). The proposed deal would give AT&T significant holdings in the media industry; AT&T's competitor Comcast had previously acquired NBCUniversal in a similar bid to increase its media holdings, in concert with its ownership of television and internet providers. If approved by federal regulators, the merger would bring Time Warner's properties under the same umbrella as AT&T's telecommunication holdings, including satellite provider DirecTV. [2] [3] [4]

By the end of July, the company announced that, effective August 1, a new structure was created before the acquisition would close. This structure has John Donovan take the title of CEO of the new AT&T Communications subsidiary division (incorporated that same day after a dividend payout). AT&T named John Stankey to run Time Warner media businesses and John Donovan as CEO of AT&T Communications ahead of the Time Warner acquisition. [5] [6] [7] In November 2017, the U.S. Justice Department said it was moving to sue to block the AT&T-Time Warner merger. [8] On November 20, 2017, the Department of Justice filed an antitrust lawsuit over the acquisition; Makan Delrahim stated that the deal would "greatly harm American consumers". AT&T asserts that this suit is a "radical and inexplicable departure from decades of antitrust precedent". [9] On December 22, 2017, the merger agreement deadline was extended to June 21, 2018. [10] On June 12, 2018, the AT&T-Time Warner merger was approved by a federal judge. [11] Two days later, AT&T completed the acquisition of Time Warner, and a day later the company was renamed WarnerMedia.

On July 10, 2018, AT&T announced that it would acquire cybersecurity startup AlienVault for an undisclosed amount. [12] The acquisition was completed on August 22, 2018. [13]

AT&T Phone

AT&T Phone (formerly AT&T U-verse Voice) is a voice communication service delivered over AT&T's IP network (VoIP). This phone service is digital and provides a voicemail service accessed by *98 from the home number. Customers who subscribe to both AT&T Phone and U-verse TV get features such as call history on channel 9900, which displays the last 100 missed and answered calls on the customer's TV, and "Click to Call" from the TV history. AT&T Phone includes Caller ID, Call Blocking, Anonymous Call Blocker, and many other calling features. AT&T Phone was first available in Detroit, on January 22, 2008. [14] This service is separate from their POTS based offerings (Long Distance, 1010ATT/1010288, Intra-Lata, and non-VOIP landlines)

See also

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References

  1. ↑ Spangler, Todd (July 28, 2017). "AT&T Confirms John Stankey Will Oversee Time Warner Post-Merger". Variety. Retrieved August 28, 2018.
  2. ↑ Hagey, Keach; Sharma, Amol; Cimilluca, Dana (October 21, 2016). "AT&T Is in Advanced Talks to Acquire Time Warner". The Wall Street Journal. Retrieved October 21, 2016.
  3. ↑ Littleton, Cynthia (October 22, 2016). "AT&T Sets $85.4 Billion Time Warner Deal, CEOs Talks 'Unique' Potential of Combination". Variety . Retrieved October 23, 2016.
  4. ↑ "AT&T agrees to buy Time Warner for $85.4 billion". USA TODAY. Retrieved August 8, 2017.
  5. ↑ "AT&T Makes Executive Appointments to Prepare for Time Warner Merger Close". about.att.com. Retrieved August 4, 2017.
  6. ↑ Stelter, Brian (July 28, 2017). "AT&T names John Stankey to run Time Warner media businesses". CNNMoney. Retrieved August 4, 2017.
  7. ↑ "John Donovan officially named CEO of AT&T Communications ahead of Time Warner acquisition | FierceWireless". www.fiercewireless.com. Retrieved August 8, 2017.
  8. ↑ Kang, Cecilia; Merced, Michael J. de la (November 20, 2017). "Justice Department Sues to Block AT&T-Time Warner Merger". The New York Times. ISSN   0362-4331 . Retrieved December 11, 2017.
  9. ↑ Foden, Sara; McLaughlin, David; Moritz, Scott (November 20, 2017). "AT&T Sued by U.S. Seeking to Block Merger With Time Warner". Bloomberg. Retrieved November 20, 2017.
  10. ↑ Littleton, Cynthia (December 22, 2017). "AT&T, Time Warner Extend Merger Agreement Deadline as Trial Looms". Variety. Retrieved December 22, 2017.
  11. ↑ Johnson, Ted (June 12, 2018). "AT&T-Time Warner Merger Approved". Variety. Retrieved June 12, 2018.
  12. ↑ "AT&T to buy cybersecurity firm AlienVault". Reuters. Retrieved July 10, 2018.
  13. ↑ "AT&T Completes Acquisition of AlienVault". AlienVault Press Release. August 22, 2018.
  14. ↑ "AT&T U-verse Timeline" (PDF). AT&T. 2008. Retrieved January 2, 2015.
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