The restructuring comes ahead of an anticipated round of significant layoffs and cost cuts
(Reuters) - AT&T Inc said on Thursday it has committed to cutting its heavy debt load next year through a variety of measures, including a review of all of its non-core assets such as its stake in streaming video company Hulu for possible sale.
NEW YORK (Reuters) - U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T, accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account.
The telecom giant has enlisted a collection agency, a step other companies in similar situations have declined to take
Peterlin served as Secretary of State Rex Tillerson's chief of staff and was among a small group of family and aides Trump took to his meeting with Pope Francis at the Vatican in May 2017
Wireless and broadband colossus AT&T announced the close of its $85 billion merger with media-entertainment conglomerate Time Warner. The news came just two days after a US federal judge approved the deal, delivering a stinging rebuke to President Donald Trump's administration in its first major antitrust court case. "We're going to bring a fresh approach to how the media and entertainment industry works for consumers, content creators, distributors and advertisers," AT&T chief executive Randall Stephenson said in a statement yesterday stating the acquisition was completed. Stephenson noted that the merger comes as the way video is created, distributed and consumed is rapidly changing in an age of streaming digital content to a broad spectrum of internet-linked devices. "The content and creative talent at Warner Bros., HBO and Turner are first-rate," Stephenson said. "Combine all that with AT&T's strengths in direct-to-consumer distribution, and we offer customers a ...
AT&T and Walmart are among 36 businesses, government agencies and universities that have agreed to buy 3.3 gigawatts of wind and solar power so far this year
The Justice Department's bid to block AT&T's $85 billion merger with Time Warner is set to head to trial next week, in one of the most anticipated antitrust battles in years
AT&T originally argued in court that the Justice Department's suit was a case of 'selective enforcement'
The US government has also blocked a string of Chinese acquisitions over national security concerns, including MoneyGram International Inc
By challenging the deal, the Justice Department is taking an approach to antitrust issues that is starkly different from the Obama administration's
AT&T announced it plans to buy Time Warner on Saturday for $85.4 billion
Kaine said lawmakers and regulators have to review the deal and "get to the bottom" of questions over whether the merger would decrease competition
The biggest deal in the world this year will give AT&T control of HBO and CNN, Warner Bros and other coveted media assets
Even before the announcement, US consumer groups called for regulators to consider the impact of the tie-up
The two firms have reached an in-principle deal for about $85 billion
Citing people familiar with it, WSJ says that deal would create a new hallmark in the fast-converging media, communications and Internet industries
The talks, which at this stage are informal, have focused on building relations between the companies rather than establishing the terms of a specific transaction