AT&T, T-Mobile, and Verizon sign an “agreement in principle” to form a joint venture that aims to end wireless dead zones in the US, without giving many details
A new joint venture has been proposed to pool spectrum resources and improve satellite capacity.
The US FCC approves EchoStar's sale of approximately 65MHz of spectrum to SpaceX and 50MHz to AT&T
The U.S. Federal Communications Commission's Wireless Telecommunications Bureau and Space Bureau approved EchoStar's sale of approximately 65 megahertz of spectrum to SpaceX and 50 megahertz to AT&T …
Sources: AT&T agreed last week to a deal worth up to $2B to upgrade the FirstNet emergency cellular network it runs for the US Commerce Department
AT&T agrees to buy spectrum licenses from EchoStar for ~$23B in cash, adding ~50MHz of spectrum, expected to close by mid-2026, pending regulatory approval
EchoStar Corp. has agreed to sell spectrum licenses to AT&T Inc. for about $23 billion in a deal that will help the company stay …
PE firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media
Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T.
AT&T agrees to acquire Lumen's consumer fiber business for $5.75B, in an all-cash deal expected to close in H1 2026; LUMN jumps 13%+
Milana Vinn / Reuters :
AT&T's stock is up 35% in 2024 after CEO John Stankey reversed course in 2022 and spun off Warner Bros. and DirecTV, and plans to return $40B+ to shareholders
Drew FitzGerald / Wall Street Journal :
AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024
- DirecTV is holding advanced talks to merge with rival Dish — AT&T and TPG are owners of DirecTV, which was founded in 1994
AT&T and satellite provider AST SpaceMobile announce an agreement to provide a space-based broadband network direct to cell phones; the deal runs through 2030
Todd Shields / Bloomberg :
AT&T finishes its cybersecurity services group divestiture and forms LevelBlue, which has 1,000+ staff in 10 countries focused on managed cybersecurity services
AT&T completed its divestiture of its cybersecurity services group and formed a joint venture with more than 1,000 employees …