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AT&T returns to profit growth in Q2
2017-07-26 08:20:00| Telecompaper Headlines
(Telecompaper) AT&T reported higher profits for the second quarter, as lower costs helped offset falling sales in its legacy fixed and consumer mobile activities. Revenues fell 1.8 percent to USD 39.8 billion, while operating profit improved to USD 7.3 billion from USD 6.6 billion a year ago, thanks to reductions in operating costs. The adjusted operating margin, which excludes merger-related costs and other one-time items, rose by 150 basis points year-on-year to 21.6 percent.
Tags: returns
growth
profit
att
AT&T in early antitrust talks over Time Warner deal
2017-07-26 02:00:00| Total Telecom industry news
AT&T has entered talks with U.S. antitrust officials about remedies that could pave the way for the approval of its $85.4 billion (€78.4 billion) acquisition of Time Warner. Sources cited by Bloomberg earlier this week claimed that government antitrust lawyers are focused on whether the telco giant could offer promises of good behaviour that would win over the authorities…read more on TotalTele.com »
AT&T down 199k; DTVLA down 56k video subs in 2Q 2017
2017-07-26 00:00:44| Digital TV News
AT∓T (NYSE:T) has reported results for the second quarter. Total U.S. video subscribers were down 199,000 in the quarter. In Latin America, net losses were 56,000 with losses in Brazil, Argentina and Venezuela offsetting gains in other countries.
AT&T talks up edge computing credentials
2017-07-19 02:00:00| Total Telecom industry news
AT&T this week talked up its edge computing credentials in a bid to position itself to capitalise on future demand for low latency services like self-driving cars, and augmented reality and virtual reality (A/VR). The U.S…read more on TotalTele.com »
Tags: edge
att
computing
talks
AT&T plans media future after Time Warner acquisition
2017-07-14 12:11:00| Telecompaper Headlines
(Telecompaper) AT&T is planning for a more media focused future, Bloomberg reported, saying the company will redefine the role of CEO Randall Stephenson after it closes its acquisition of Time Warner for USD 85.4 billion. Although Stephenson will remain the top dog at the company, he will drop the title of CEO and become executive chairman, overseeing two new CEOs who will independently manage the company's telecom and media businesses, sources close to the matter said. Stephenson will focus on directing the company's new course as a media powerhouse.
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