ADVFN - Advanced Financial Network.
HOME» NYSE » A » T Stock Price » T Stock News

Att Share News

 At&t Stock Price
T Stock Price
 At&t Stock Chart
T Stock Chart
 At&t Stock News
T Stock News
 At&t Company Information
T Company Information
 At&t Stock Trades
T Stock Trades

FCC Approves Transfer Of AT&T Breakup Fee Airwaves To T-Mobile

By Greg Bensinger Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- The Federal Communications Commission cleared the way for T-Mobile USA to receive about $1 billion in wireless airwaves it is owed as part of the breakup fee for AT&T Inc.'s (T) failed $39 billion takeover bid. T-Mobile has slated the airwaves, or spectrum, for its build out over the next several years of a high-speed mobile broadband network to keep pace with its larger rivals. The spectrum will bolster T-Mobile's network in 12 large U.S. markets, according to a statement from the Bellevue, Wash.-based carrier. AT&T promised the spectrum and about $3 billion in cash for walking away from the deal in December after meeting resistance from regulators, competitors and attorneys general concerned over the impact to competition. T-Mobile is playing catchup with AT&T and Verizon Wireless in building out the faster network, known as 4G LTE. The breakup fee is among the largest in corporate history, in terms of size and percentage, according to Dealogic. Deals from Pfizer Inc. (PFE) and AOL Inc. (AOL) had higher breakup fee values, though those buyouts closed. -By Greg Bensinger, Dow Jones Newswires; 212-416-4676; [email protected]

Stock News for Att (T)
DateTimeHeadline
03/24/201706:04:59Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/23/201720:17:00Justice Department Settles Antitrust Claim Against DirecTV
03/23/201715:07:00March 911 Outage Affected More Than 12,000 Callers
03/23/201711:29:00AT&T Reaches Agreement With Striking Workers on West Coast
03/23/201707:30:00Qualcomm, AT&T and CH2M Collaborate to Improve Water Management...
03/22/201720:22:00AT&T Pulling Ads From Google Over 'Hate' Videos -- 3rd Update
03/22/201718:29:00Marketers Seize on Google Controversy as Attention Shifts Beyond...
03/22/201718:25:00AT&T Pulling Ads From Google Over 'Hate' Videos -- 2nd Update
03/22/201716:22:00AT&T Workers Walk Off the Job in California, Nevada
03/22/201715:09:00AT&T Pulling Ads From Google Over 'Hate' Videos -- Update
03/22/201714:50:00AT&T Pulling Ads From Google Over 'Hate' Videos
03/22/201709:27:00AT&T Tallies Nearly 1,500 Upgrades to Wireless Network in North...
03/21/201717:13:14Current Report Filing (8-k)
03/21/201700:01:00AT&T Introduces New IoT Analytics Solution Powered by IBM Watson...
03/20/201710:30:00AT&T is One Step Closer to Ultra-Fast Video Streaming and More...
03/17/201719:06:00Court Ruling Clears Hurdle for AT&T in New Public Safety Network
03/16/201714:00:00AT&T Partner Exchange Releases Mobility APIs and Training Enhancements...
03/16/201709:57:00Wilmington Municipal Services District Designated as AT&T Fiber...
03/16/201709:30:00AT&T Invites Millions More to the Front of the Line for Must-See...
03/16/201709:00:00Preorder the New LG G6 from AT&T March 17

Att and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US