SBC, AT&T Boards Meet on SBC Buying AT&T
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The boards of directors of SBC Communications Inc.  and AT&T Corp.  were to meet on Sunday to vote on a more than &#36;15 billion stock deal in which SBC will buy AT&T, according to sources familiar with the situation.
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AUSTIN, Texas, Dec. 16  /PRNewswire/ -- Austin Habitat for Humanity announced today that it has teamed with AT&T to bring technology resources to 76 low-income Austin families under the three-year, $100 million AT&T AccessAll signature initiative.
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SBC Communications Inc., the second-largest local phone company in the United States, said Wednesday it signed a 10-year, &#36;400 million agreement with Microsoft Corp. to provide next-generation television services using Microsoft's TV Internet protocol television edition software platform.
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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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SBC Communications Inc. has agreed to acquire AT&amp;T Corp. in a &#36;16 billion deal that would create the nation's largest communications company, the companies said early Monday.
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(InfoWorld) - U.S. senators questioned Thursday whether members of the U.S. Federal Communications Commission plan to enforce merger conditions that AT&T Inc. agreed to in its December acquisition of BellSouth Corp. Democratic members of the Senate Commerce, Science and Transportation Committee questioned why FCC Chairman Kevin Martin and Commissioner Deborah Taylor Tate issued a joint statement while approving the merger saying the FCC couldn't broadly enforce some of AT&T's concessions. "What I find difficult to understand is that ... you said that you do not intend to stand by the deal that was reached," said Senator Daniel Inouye, the committee chairman and a Hawaii Democrat. Martin and Tate, both Republicans, had protested a net neutrality condition, preventing AT&T from giving priority transmission speeds to its own or its partners' Web content for at least two years. The net neutrality conditions "very well may cause greater problems than the speculative problems they seek to address," Martin and Tate said in the statement Dec. 29. Martin on Thursday said he intends to hold AT&T to the net neutrality agreement, but he doesn't plan to impose those standards on other broadband carriers. "Since [AT&T] volunteered to do that, we would enforce that," he said. "That does not mean we were changing our policy." Martin also suggested another part of the agreement setting out wholesale rates for some data services may be unenforceable. "What is your legal authority as chairman ... to not enforce something you just did?" asked Senator Mark Pryor, an Arkansas Democrat. AT&T agreed to lower the wholesale special access prices for DS1, DS3, and Ethernet services available to some regional telecom carriers and large businesses, but not to large competitors. But the FCC's policy in the past has been that wholesale discounts should apply to all customers, Martin said. "That tariff actually has some components that I believe are illegal under the commission precedent," Martin said. "They can file [the proposed discount], but I'm not committing to approving something that would be in violation of our precedent. We don't allow for that kind of discrimination." But Commissioner Jonathan Adelstein, a Democrat who pushed for conditions on the AT&T merger, noted that the FCC adopted the AT&T merger conditions on a 4-0 vote. "It's hard for me to understand why we can't implement something we adopted unanimously," he said. Senators also urged the FCC to work on ways to get broadband service to rural, inner city and poor areas. The FCC on Wednesday issued a report saying the number of high-speed lines in the U.S. increased by 26 percent during the first half of 2006, from 51.2 million to 64.6 million lines in service. The number of high-speed lines grew by 21 percent in the second half of 2005. Senators also pointed to the Organization for Economic Co-operation and Development's latest study saying the U.S. ranks 12th in broadband adoption rate among industrialized nations. Commissioner Michael Copps called on Congress and the FCC to develop a national broadband strategy. He called the U.S. broadband adoption rates "woeful." "I am really worried that we can go into the 21st century and have a bigger digital divide in this country ... than we had back in the days of plain, old telephone service in the 20th century," he said. "This just isn't feel-good liberal theory -- we're talking about the competitiveness of the United States of America."
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San Antonio-based SBC Communications Inc. (NYSE: SBC) has developed a new IP-based service Monday that will allow customers to combine their wireline and wireless voice mailboxes, e-mail accounts and faxes.
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SBC agrees to use the company's Internet-based television platform.
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U.S. telecom carriers Sprint (NYSE: FON) and SBC Communications (NYSE: SBC) have announced a reciprocal deal, under which their customers will be able to use both companies' wireless Internet connections more easily.
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SBC Communications SBC.N on  Wednesday said it reached a 10-year, $400 million deal with  Microsoft Corp. MSFT.O to provide next-generation television  services.
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SBC Communications Inc. , the second-largest U.S. regional phone company, is in talks to buy AT&T Corp.  for more than &#36;16 billion, The New York Times reported on Thursday, citing executives close to the negotiations.
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SAN ANTONIO, June 3  /PRNewswire-FirstCall/ -- Randall Stephenson today assumed the position of chairman of the board and chief executive officer of AT&T Inc. , one of the world's leading telecommunications companies.  Stephenson, 47, succeeded Edward E. Whitacre Jr.
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SBC Communications Inc., the No. 2  U.S. telecommunications company, is in talks to acquire AT&T  Corp. for more than $15 billion to bolster its business with  large corporations, sources familiar with the talks said on  Thursday.
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SBC Communications Inc. is in talks  to acquire AT&T Corp. for more than $15 billion to bolster its  business among large corporations, sources familiar with the  talks said on Thursday.
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While an auction is underway for a large chunk of wireless spectrum in the 700MHz range, the FCC approved a separate deal enabling AT&T to acquire similar wireless spectrum from another owner.
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OVERLAND PARK, Kan. Under a deal announced this morning, Sprint and SBC customers should find it easier to use both companies&#39; wireless Internet connections.
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AT&amp;T, AT&amp;T Wireless, and Cingular Wireless resolved issues relating to the use of the AT&amp;T brand in connection with Cingular&#39;s acquisition of AT&amp;T Wireless.