AT&T Communications

  (Redirected from AT&T Long Lines)

AT&T Communications, LLC is a subsidiary of AT&T that focuses on wireline, wireless, digital television, satellite television, fixed line telephone, mobile phone, broadband, home security, IPTV, OTT services, network security, and pay television offerings, as well as business applications. This is the corporate division that was created in 2017 to house all of AT&T's Telecommunications and Technology Businesses, which include AT&T Mobility, DirecTV, U-Verse, AT&T Business, AT&T Intellectual Property, AT&T Labs, Cricket Wireless, AT&T Digital Life, Vyatta, AT&T Entertainment Group which includes AT&T Fiber, and AT&T Technology & Operations Group. As of June 2018, it is AT&T's largest division by revenue.

AT&T Communications, LLC
Subsidiary
IndustryTelecommunications
Technology
PredecessorsThe long distance division of AT&T Corp.
The DirecTV Group, Inc.
FoundedAugust 1, 2017; 2 years ago (2017-08-01)
HeadquartersWhitacre Tower, ,
Key people
Jeff McElfresh (CEO)
ProductsWireless
Satellite television
Fixed line telephone
Mobile phone
Broadband
Digital television
Home security
IPTV
OTT Services
Network security
RevenueDecrease US$ 144 billion (2018)
ParentAT&T
DivisionsMobilty
Entertainment Group
Business Wireline[1]
SubsidiariesAT&T Corporation
AT&T Mobility
DirecTV
AT&T Business
AT&T Labs
Cricket Wireless
AT&T Prepaid
Quickplay Media
AT&T U-verse
AT&T TV
AT&T Digital Life
Vyatta
AT&T Intellectual Property
AT&T Cybersecurity
Websitewww.att.com

History and informationEdit

On July 28, 2017, AT&T announced a new AT&T Communications corporate division housing AT&T Mobility, DirecTV, U-Verse, AT&T Business, AT&T Intellectual Property, AT&T Labs, Cricket Wireless, AT&T Digital Life, Vyatta, AT&T Adworks, and Technology and Operations Group.[2]

In October 2016, AT&T announced a deal to acquire Time Warner worth $85.4 billion (including assumed Time Warner debt). The proposed deal would give AT&T significant holdings in the media industry; AT&T's competitor Comcast had previously acquired NBCUniversal in a similar bid to increase its media holdings, in concert with its ownership of television and internet providers. If approved by federal regulators, the merger would bring Time Warner's properties under the same umbrella as AT&T's telecommunication holdings, including satellite provider DirecTV. [3][4][5]

By the end of July, the company announced that, effective August 1, a new structure was created before the acquisition would close. This structure has John Donovan take the title of CEO of the new AT&T Communications, LLC subsidiary division (incorporated that same day after a dividend payout). AT&T named John Stankey to run Time Warner media businesses and John Donovan as CEO of AT&T Communications ahead of the Time Warner acquisition.[6][7][8] In November 2017, the U.S. Justice Department said it was moving to sue to block the AT&T-Time Warner merger.[9] On November 20, 2017, the Department of Justice filed an antitrust lawsuit over the acquisition; Makan Delrahim stated that the deal would "greatly harm American consumers". AT&T asserts that this suit is a "radical and inexplicable departure from decades of antitrust precedent".[10] On December 22, 2017, the merger agreement deadline was extended to June 21, 2018.[11] On June 12, 2018, the AT&T-Time Warner merger was approved by a federal judge.[12] Two days later, AT&T completed the acquisition of Time Warner, and a day later the company was renamed WarnerMedia.

On July 10, 2018, AT&T announced that it would acquire cybersecurity startup AlienVault for an undisclosed amount.[13] The acquisition was completed on August 22, 2018.[14]

Satellite fleetEdit

AT&T Communications also owns one of the worlds largest satellite fleets, with 12 currently in geostationary orbit. The fleet is mainly used for their DirecTV satellite television service. The positions of the satellites range from 95 to 119 west.

ReferencesEdit

  1. ^ https://otp.tools.investis.com/clients/us/atnt2/sec/sec-show.aspx?Type=html&FilingId=12972266&CIK=0000732717&Index=10000
  2. ^ Spangler, Todd (2017-07-28). "AT&T Confirms John Stankey Will Oversee Time Warner Post-Merger". Variety. Retrieved 2018-08-28.
  3. ^ Hagey, Keach; Sharma, Amol; Cimilluca, Dana (October 21, 2016). "AT&T Is in Advanced Talks to Acquire Time Warner". The Wall Street Journal. Retrieved October 21, 2016.
  4. ^ Littleton, Cynthia (October 22, 2016). "AT&T Sets $85.4 Billion Time Warner Deal, CEOs Talks 'Unique' Potential of Combination". Variety. Retrieved October 23, 2016.
  5. ^ "AT&T agrees to buy Time Warner for $85.4 billion". USA TODAY. Retrieved 2017-08-08.
  6. ^ "AT&T Makes Executive Appointments to Prepare for Time Warner Merger Close". about.att.com. Retrieved 2017-08-04.
  7. ^ Stelter, Brian (2017-07-28). "AT&T names John Stankey to run Time Warner media businesses". CNNMoney. Retrieved 2017-08-04.
  8. ^ "John Donovan officially named CEO of AT&T Communications ahead of Time Warner acquisition | FierceWireless". www.fiercewireless.com. Retrieved 2017-08-08.
  9. ^ Kang, Cecilia; Merced, Michael J. de la (November 20, 2017). "Justice Department Sues to Block AT&T-Time Warner Merger". The New York Times. ISSN 0362-4331. Retrieved December 11, 2017.
  10. ^ Foden, Sara; McLaughlin, David; Moritz, Scott (November 20, 2017). "AT&T Sued by U.S. Seeking to Block Merger With Time Warner". Bloomberg. Retrieved November 20, 2017.
  11. ^ Littleton, Cynthia (December 22, 2017). "AT&T, Time Warner Extend Merger Agreement Deadline as Trial Looms". Variety. Retrieved December 22, 2017.
  12. ^ Johnson, Ted (June 12, 2018). "AT&T-Time Warner Merger Approved". Variety. Retrieved June 12, 2018.
  13. ^ "AT&T to buy cybersecurity firm AlienVault". Reuters. Retrieved 2018-07-10.
  14. ^ "AT&T Completes Acquisition of AlienVault". AlienVault Press Release. August 22, 2018.

See alsoEdit

External linksEdit