AT&T sold 7.5 percent of its stake in América Móvil, netting the company about $564 million and returning AT&T's total stake in the telecom giant to its historic level of around 9 percent.
Sprint Nextel said the shutdown of its Nextel iDEN network to make room for LTE will result in more than 100 million pounds of unused network gear and other materials, much of which the carrier hopes to recycle or reuse.
Robert Reich, CFO of Hawaiian Telcom, told investors that providing IPTV and 25 Mbps broadband speeds will enable it to take a big chunk of market share from Oceanic Time Warner Cable.
Jeff Weber, president of content and ad sales at AT&T, recently told investors that its U-verse division doesn't want to pay for sports content that its subscribers don't care about.
There is a titanic struggle brewing in the wireless industry, pitting AT&T Mobility and Verizon Wireless against pretty much everyone else, including Sprint Nextel and T-Mobile US, and it's going to get a lot uglier as time goes on. The carriers are fighting over the rules that will govern next year's 600 MHz spectrum auction, with the smaller carriers fighting for rules that will ensure they get a piece of the pie.
In today's spotlight, FierceTelecom takes a look at the top performing wireline service providers in the first quarter. AT&T and Verizon were at the top of the list.
Time Warner Cable said Tuesday that it is launching its home automation and security service, IntelligentHome, in Ohio and Wisconsin and that the service will hit its New York City system this fall.
How much should a service provider pay for sports content--especially when the team concerned isn't all that hot? Whether it's the Astros or the Phillies, providers like AT&T U-verse are balking at licensing fees for regional sports content, while many viewers are simply changing the channel.
AT&T is walking a razor line between providing content that some subscribers might want--local sports, including the Houston Astros baseball team--and what Comcast wants to charge for the privilege of viewing its regional sports network.
AT&T and the Communications Workers of America have ratified a four-year contract covering about 3,000 employees in the telco's East region. CWA District 1, which represents wireline workers in Connecticut, is the last AT&T wireline unit to ratify an agreement out of the seven that had contracts that expired in 2012 and early 2013.