By Christian Zibreg on Oct 23, 2016
Following reports that AT&T, the nation’s second-largest wireless carrier, held talks regarding a possible acquisition of Time Warner, AT&T has now formally confirmed that it will be purchasing the entertainment conglomerate in a stock-and-cash transaction valued at $107.50 per share. The purchase price implies a total equity value of $85.4 billion and a total transaction value of $108.7 billion.
The agreement has been approved unanimously by the boards of directors of both companies. It gives AT&T access to Time Warner’s precious media properties like CNN, HBO, TNT and Warner Bros, as well as films like Harry Potter, Batman, Superman and next-generation super hero movies being developed by DC Comics.
The blockbuster merger, pending regulatory approval and closing before year-end 2017, will create a unique company that’ll “define the future of media and communications”. Read More
By Christian Zibreg on Oct 22, 2016
U.S. wireless carrier is buying media entertainment conglomerate Time Warner for a reported $80 billion as consolidation continues in media and technology industries. AT&T has reportedly agreed to pay $107.50 a share in a half-cash, half-stock deal, The Wall Street Journal reported Saturday. Time Warner, which does not have a controlling shareholder, reported $28 billion in 2015 revenue.
The media giant had a market capitalization of $68 billion before rumors of a possible takeover bid. AT&T currently has a market capitalization of more than $230 billion. Read More
By Christian Zibreg on Oct 21, 2016
AT&T, the second-largest carrier in the United States, is in advanced talks with media giant Time Warner about a possible merger and Apple “is now monitoring the situation”, people familiar with the matter told the Wall Street Journal. The Cupertino-based gadget maker was first mentioned as a possible suitor for a Time Warner takeover back in January of this year.
According to WSJ, Apple a few months ago approached Time Warner “about pursuing a combination”, but the discussions didn’t progress “beyond a preliminary stage.” Read More
By Cody Lee on Oct 20, 2016
Senior executives at AT&T and Time Warner met in recent weeks to discuss various business strategies, reports Bloomberg. Citing sources familiar with the matter, the outlet says that the talks are informal at this point, and neither side has hired a financial adviser, but the discussions have included the possibility of a merger.
By Christian Zibreg on Aug 17, 2016
Conveniently timed weeks ahead of the expected iPhone 7 launch next month, U.S. carrier AT&T on Wednesday unveiled modest data upgrades at reduced prices while dropping overage charges for exceeding monthly cellular data caps. The new data plans, available beginning August 21, include the 1GB/$30, 3GB/$40, 6GB/$60, 10GB/$80, 16GB/$90, 25GB/$110 and 30GB/$135 tiers.
Overage charges will become a thing of the past as the carrier will no longer slap you with a $15 per 1GB charge after using rollover data. Instead, your data speeds will decrease to the sluggish 2G (128 kbps) after all of the cellular data in your monthly bucket has been used up. Read More
By Christian Zibreg on Aug 16, 2016
Credible sources have said that Apple is planning to unveil the next iPhone at a media event scheduled for Wednesday, September 7, with pre-orders beginning on Friday, September 9 ahead of retail availability on the following Friday, September 16. An internal document from AT&T leaked by 9to5Mac, however, now suggests that the handset may actually land on store shelves on Friday, September 23. Read More
By Anthony Bouchard on Jul 6, 2016
AT&T has launched a new version (5.0) of the myAT&T app for iPhone on Wednesday with added features that have been long overdue.
With improvements to usability, as well as ease of access, the re-branded myAT&T app is a new sight for sore eyes. Read More
By Christian Zibreg on Jun 10, 2016
Supply chain whispers recently claimed that a significant portion of LTE cellular modems for the iPhone 7 and iPhone 7 Plus would be built by Intel instead of Qualcomm and now Bloomberg is reporting that Intel modems will be actually reserved for AT&T iPhone 7 models.
Qualcomm is expected to remain Apple’s modem provider for Verizon and China-bound iPhone 7 handsets. Qualcomm’s boss had said he expected a major customer to diversify its supplier base. Read More
By Sébastien Page on Mar 22, 2016
In a text message sent today to its eligible customers, AT&T announced that those who have activated the Wi-Fi Calling feature on their iPhone can now make and receive phone calls from and to the US at no charge when traveling internationally, assuming they have first updated to iOS 9.3 and installed the newly available carrier update.
This marks a small yet important change to how users can benefit from Wi-Fi Calling. Up until now, Wi-Fi calling for AT&T customers restricted them to using the service only from the U.S., Puerto Rico, or U.S. Virgin Islands. But now, it is opened to any country (except for a few exceptions), meaning an AT&T Wi-Fi Calling user can make calls to the US, or receive calls from the US anywhere in the world as long as there is a Wi-Fi connection. Read More
By Christian Zibreg on Feb 15, 2016
The United States wireless carrier AT&T on Monday launched a new promotion that entices people with up to $650 in credit per line to leave their carrier and switch over to the AT&T service.
You will have to trade in your existing smartphone and port your number over from Verizon, Sprint or T-Mobile in order to be eligible for this promotion.
After sending in the final wireless bill from your old carrier, you will then purchase a new phone from AT&T Next and receive a Visa prepaid card with up to $650. Read More