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

Unions: Requesting Federal Mediation in Verizon Contract Talks

By Thomas Gryta Two labor unions representing about 45,000 workers from Verizon Communications Inc. (VZ) have requested federal mediation in their ongoing negotiations with the telecom company. The groups have been in negotiations for almost a year. The Communications Workers of America and the International Brotherhood of Electrical Workers represent workers in Verizon's wireline division from New England to Virginia. In a statement, the unions said "Verizon management continues to insist on drastic cuts in benefits and employment security." The unions said they filed their request with the Federal Mediation and Conciliation Service. A Verizon spokesman declined to comment on the request. Earlier Thursday, Verizon's Chief financial Officer Fran Shammo said on a conference call that the company is "standing strong on our position of cost restructuring in this business. The negotiations are continuing albeit slow, and the process will take as long as it takes for us." He stressed that the wireline business has had declining profitability and that Verizon knew it was facing "extremely difficult and very hard negotiations and it was going to be a long haul not a short haul." In general, the telecom carriers have seen their wireline businesses deteriorate as consumers depend more heavily on mobile devices and switch off their traditional land-based home phones. AT&T (T) is also in the midst of contract negotiations with more than 40,000 wireline workers. On Thursday, Verizon reported a 3.1% drop in wireline revenue for the second quarter. -Write to Thomas Gryta at [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Att (T)
DateTimeHeadline
02/22/201708:00:00'Finding Your Roots' Host Dr. Henry Louis Gates, Jr. Joins AT&T...
02/21/201711:57:00AT&T Employee Resource Group HACEMOS Offers Training and Guidance...
02/21/201709:30:00Carrier Collaborates With AT&T on Digital Service Offering
02/20/201709:30:00AT&T to Provide Connectivity to Zywie's Cardiac Remote Monitoring...
02/17/201717:33:36Annual Report (10-k)
02/17/201709:00:00AT&T, CWA Reach Tentative Agreement Covering Former DIRECTV Employees...
02/16/201717:33:00AT&T to Sell Unlimited Wireless Data Plan Without Pay TV -- Update
02/16/201716:56:00AT&T to Sell Unlimited Wireless Data Plan Without Pay TV
02/16/201715:43:00AT&T Expands Access to Unlimited Data
02/16/201711:30:00AT&T Ranks #1 in Telecom Globally in FORTUNE's Most Admired Companies...
02/16/201709:42:00AT&T Sweeps All Categories to Take the Top Ranking in J.D. Power...
02/14/201717:47:00Communications Workers of America Vote to Ratify Agreement Covering...
02/14/201714:32:00T-Mobile Profit, Revenue Rise as It Adds Customers -- Update
02/14/201713:30:00AT&T Accelerates Deployment of LTE-M Network for Internet of...
02/14/201711:48:13Amended Statement of Changes in Beneficial Ownership (4/a)
02/14/201711:45:35Amended Statement of Changes in Beneficial Ownership (4/a)
02/14/201711:40:19Amended Statement of Changes in Beneficial Ownership (4/a)
02/14/201711:29:36Amended Statement of Changes in Beneficial Ownership (4/a)
02/14/201711:18:07Amended Statement of Changes in Beneficial Ownership (4/a)
02/14/201711:17:45Amended Statement of Changes in Beneficial Ownership (4/a)

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