BellSouth

 

AT&T 4Q Earnings Soar Thanks to Partnership, Acquisitions

AT&T Inc.s fourth-quarter 2007 earnings soared 61.8 percent to $3.14 billion, or 51 cents per share, thanks to the addition of 2.7 net wireless subscribers. Thats compared to $1.94 billion in income, or 30 cents per share, during the same period a year earlier. Those numbers did not include results from BellSouth, which AT&T bought […]

AT&T 3Q Profits Nearly Double

AT&T Inc., the nations largest telecom company, on Tuesday reported third-quarter profits of $3.1 billion, or 50 cents per share. Thats compared to $2.2 billion during the same period a year ago; however, shares at that time totaled 56 cents apiece because there were fewer shares outstanding. Revenue nearly doubled from the third quarter of […]

Level 3 Acquires Some AT&T Assets

Level 3 Communications Inc. said Tuesday it has purchased certain assets from AT&T Inc. that were divested as a result of the merger between AT&T and BellSouth. The assets consist of indefeasible rights of use (IRUs) for dark fiber connections to 27 buildings as well as more than 450 metro fiber route miles in the […]

AT&T Reports 61% Growth in Profits

AT&T Inc. reported a 61 percent surge in profits during the second quarter of 2007, thanks to the BellSouth Corp. acquisition and an exclusive deal on Apples iPhone. The nations largest local phone company said Tuesday its net income totaled $2.9 billion, or 47 cents a share, up from $1.8 billion, or 46 cents, a […]

McDowell Free to Join All FCC Votes

As of today, FCC Commissioner Robert McDowell is able to participate in all FCC votes. McDowell has had to abstain from several important voting sessions because he was a lawyer for competitive carrier association COMPTEL prior to his June 1, 2006, appointment. McDowell could have taken part in the AT&T Inc.-BellSouth Corp. merger vote in […]

FCC Changes Conditions of AT&T-BellSouth Merger, Issues Order

The FCC has revised the special access conditions it imposed on its approval of the AT&T Inc.-BellSouth Corp. merger last year. On Monday, the agency released the order finalizing the $84 billion deal. Commissioners had voted for the AT&T-BellSouth combination on Dec. 29 after much back and forth over competition protections. The order included a […]

Wireless, DSL Boost AT&T Profits

AT&T Inc.s fourth-quarter profits rose 17 percent thanks to increases in DSL and wireless subscribership. The companys net income grew to $1.94 billion, or 50 cents a share, up from $1.66 billion, or 46 cents a share, from the same quarter a year earlier. AT&Ts revenue rose 23 percent to $15.9 billion. AT&T gained full […]

AT&T Phasing Out Cingular Name

AT&T Inc. will begin to absorb the Cingular Wireless name beginning Monday. AT&T will not use the name many in the industry cringed to think about: AT&T Wireless. That brand was known for poor service and garnered a sour reputation among consumers and telecom insiders. On Jan. 15, AT&T will start a multimedia campaign, which […]

FCC Approves Long-Awaited AT&T-BellSouth Merger

After months of internal wrangling and false starts, the FCC late Friday unanimously approved the $84 billion merger of AT&T Inc. and BellSouth Corp. Democratic Commissioners Michael Copps and Jonathan Adelstein said in separate statements that they finally agreed to the transaction once AT&T provided more conditions in the public interest. They noted they still […]

AT&T Makes More Concessions in Bid to Close BellSouth Merger

AT&T Inc. late Thursday made additional concessions in its bid to acquire BellSouth Corp.; critics have complained that the Bell companys Oct. 13 compromises did not go far enough. AT&T filed a letter with the FCC on Dec. 28, stating it was trying to break the impasse created by the two Democratic FCC commissioners who […]

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Polls

Which brand-new event at Channel Partners Evolution, Oct. 9-12, will you attend? (select up to two)

  • Business Innovation Hackathon (32%, 10 Votes)
  • Datto's Cyber Security Summit (19%, 6 Votes)
  • MSP 501 Awards Dinner (19%, 6 Votes)
  • Avant Special Forces Training (16%, 5 Votes)
  • Channel NX2Z Workforce Symposium (13%, 4 Votes)

Total Voters: 22

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