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

Verizon, Unions Agree to Federal Mediation in Contract Dispute

By Thomas Gryta Verizon Communications Inc. (VZ) and two labor unions have agreed to federal mediation as they attempt to reach a contract covering about 45,000 wireline workers at the telecom heavyweight. The move comes after almost a year of unsuccessful talks and volatile public statements from the parties. Last week, Verizon rejected the union's request to take the talks to mediation and instead insisted that the issues could be solved at the bargaining table. The Communications Workers of America and the International Brotherhood of Electrical Workers represent workers in Verizon's wireline division from New England to Virginia. Under the agreement, the future negotiations will be conducted under the Federal Mediation and Conciliation Service, an independent government agency. The talks will occur under Agency Director George Cohen and Director of Mediation Services John Pinto, beginning on Wednesday in Washington, D.C. The company, the unions and agency have all agreed to not make public comments on the schedule or status of talks "until further notice," according to an FMCS statement. A Verizon spokesman declined to comment, citing that agreement. A CWA spokeswoman also declined to comment. The workers involved have been working under their previous contract since last August, when the company's pursuit of benefit cuts led to a 15-day strike. The company is seeking concessions on pensions, health care and job security. It has said such moves are needed to offset declining sales in its traditional wireline business. 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. -Write to Thomas Gryta at [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Att (T)
DateTimeHeadline
02/27/201702:00:00AT&T and Current, powered by GE, Strike Historic Deal to Redefine...
02/27/201702:00:00AT&T to Collaborate with Dublin City and IDA Ireland to Explore...
02/27/201700:01:00AT&T Brings New Unlimited Wireless and Entertainment Deals to...
02/26/201719:30:00AT&T and China Mobile Collaborate on Internet of Things
02/26/201707:00:00AT&T to Carry the New LG G6
02/26/201704:00:00Avnet and AT&T Team to Lower Barriers to Development of IoT Solutions
02/24/201708:08:00Get a Free Smartphone from AT&T
02/23/201718:56:00Time Warner to Sell TV Station Amid AT&T Merger
02/23/201711:30:00AT&T to Deliver On-Demand Marketplace for Business Customers
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...

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