AT&T to spend $750 mln on global network in 2007
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AT&T Inc.  said on Tuesday it  will spend more than $750 million in 2007 to expand its global  communications network for corporate customers, an 89 percent  boost over last year, as customer companies increasingly do  business abroad.
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AT&amp;T Corp. announced yesterday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan
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Global Tower Partners, a U.S. wireless tower operator, is to be bought by a consortium of infrastructure funds managed by members of Australia's Macquarie Group in a deal valued at $1.4 billion.
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Networks Corp. is poised to expand its operations in China to better battle low-cost competitors in the global telecom equipment market, the company&#39;s CEO said on Monday.
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Seven Asian telecommunications firms are coming together to invest between $30m and $40m (Â£16.3m and Â£22m) in new mobile phone services and technology.
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AT&T Inc. earned $3.1 billion in the fourth quarter as its wireless and broadband businesses did well, a trend the nation's largest telecommunications company said would help it keep growing even in a sputtering economy.
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ATLANTA - Preparing for the acquisition of AT&amp;T Wireless, Cingular has committed to a $100 million deal to buy network services from AT&amp;T, Cingular said Monday.
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AT&T Corp. T.N will cut another  7,400 jobs and reduce the value of its assets by $11.4 billion,  spurred by its retreat from traditional consumer telephone  services, the company said on Thursday.
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AT&amp;T will alter the strategy on its broadband network upgrade within the next 12 to 18 months to match the capabilities of competing cable networks, market research provider Pike &amp; Fischer predicts in a new report.
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AT&amp;T, the US telecoms group, and a team of subcontractors have won a contract valued at up to $1bn to design, build and manage a secure IP-based global network for the US government
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AT&amp;T hasn&#39;t decided whether it will bid for the highly desirable 700MHz band because it doesn&#39;t know if it can build a profitable business, given the open-access rules set for the wireless spectrum by the U.S. Federal Communications Commission in July.Calling the rules &quot;interesting,&quot; AT&amp;T&#39;s CEO Randall Stephenson said the company is hard at work crunching numbers and analyzing business scenarios, but hasn&#39;t reached a conclusion yet.&quot;Is there a business model there? I&#39;m not sure if there is or not,&quot; he said Friday at the&#160;Web 2.0 Summit, where he answered questions from conference chair John Battelle and from audience members.The FCC conditions, which include&#160;open-access rules on a third of the spectrum, have been a major source of controversy.The winner of 22MHz of spectrum must allow any wireless devices to connect to the network, permitting wireless telephone customers to use handset devices from other carriers. The winning bidder also can&#39;t block or slow down wireless and Web content from competitors.Some telecom carriers wanted no conditions, while some consumer advocacy groups and Google wanted the FCC to require that winning bidders also resell the spectrum at wholesale rates to competitors, something the FCC didn&#39;t adopt.The FCC is scheduled to auction 62MHz of spectrum in the 700MHz band beginning in January. The spectrum is ideal for long-range wireless telephone and broadband services, with signals that travel up to four times farther than in higher spectrum bands.&quot;It&#39;s a huge opportunity. It&#39;s beachfront property. When it comes to buying spectrum, it&#39;s the best you&#39;re going to find for a long time,&quot; Stephenson said.Data consumption on wireless networks is growing fourfold year over year, so a company&#160;such as&#160;AT&amp;T needs to bulk up on spectrum to keep up with the demand, he said.&quot;It&#39;s very obvious we&#39;re going to have to add to our spectrum holdings,&quot; he said.That&#39;s why AT&amp;T earlier this month reached an agreement to&#160;buy 12MHz of high-speed wireless spectrum&#160;in the 700MHz band from Aloha Partners for $2.5 billion.&quot;It&#39;s the first time, I think, that we&#39;ve ever paid $2.5 billion for a company that had no revenue,&quot; Stephenson said.The Aloha spectrum covers 196 million U.S. residents, including 72 of the 100 largest markets in the United States.In other matters, Stephenson said he was very satisfied with the&#160;iPhone deal between his company and Apple.&quot;I&#39;m not sure I could have asked for much more out of it than what we got,&quot; he said.Asked to comment on the decision to use the slower EDGE network for the iPhone, Stephenson said it was a request from Apple CEO Steve Jobs.&quot;He wanted a broad ubiquitous data network. The EDGE network is the only data network that covers the entire United States,&quot; he said. The situation will improve as AT&amp;T upgrades markets to 3G, he said.Stephenson acknowledged that AT&amp;T&#39;s directory assistance business is being challenged by ad-supported options from Internet companies&#160;such as&#160;Google.&quot;We better get our advertising-supported [directory assistance] model up fast,&quot; he said, adding that AT&amp;T is building such a service internally.On a lighter note, he said he&#39;s &quot;envious&quot; of Google and the success it has had with its business model. &quot;It&#39;s a great gig if you can get it,&quot; he said.(Grant Gross in Washington, D.C. contributed with this story.)
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AT&T Corp. T.N, the No. 3 U.S.  telephone company, on Thursday reported a $7.1 billion  third-quarter loss due to $12.5 billion in charges for cutting  asset values and jobs after its retreat from consumer services.
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By Sanford Nowlin, San Antonio Express-News  Feb. 22--San Antonio-based AT&T Inc. said Wednesday that it has won a $1  billion global networking contract from General Motors Corp.
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SAN ANTONIO, June 29 -- AT&T, the nation's largest wireless carrier, agreed Friday to acquire Dobson Communications, a rural wireless provider, for $5.1 billion in cash and debt.
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AT&T is expanding its network infrastructure in the Middle East and building up its local presence there.
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South Korean mobile phone maker Pantech is expected to supply more than 3.5 million handsets to U.S. mobile operator Cingular Wireless in 2007, up from 1 million estimated for this year, a local media report said on Thursday.
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The U.S. Federal Communications Commission has approved the purchase by AT&amp;T of 12MHz of wireless spectrum that covers 60 percent of the U.S.