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  • Today, 11:01 AM
    • Time Warner (NYSE:TWX) shares have been halted again after popping another 7.8%, on news that the talks to be acquired by AT&T (NYSE:T) are in their advanced state, and a deal could come as soon as this weekend.
    • As with yesterday, AT&T has taken a tumble again, -2.7%.
    | Today, 11:01 AM
  • Yesterday, 4:05 PM
    • In meetings discussing a potential AT&T (NYSE:T) merger with Time Warner (NYSE:TWX), AT&T execs have found a willing seller in Time Warner chief Jeff Bewkes, sources tell Bloomberg, so long as he sees an offer he thinks is fair. And AT&T is on the hunt for content as part of a company transformation that has included its takeover of DirecTV (for an also-whopping $48.5B).
    • The two companies met in recent weeks to talk about various strategies in discussions characterized as informal and focused on building relations at the moment, Bloomberg says. Nobody's hired a financial adviser yet.
    • Time Warner famously rejected a 2014 bid from Rupert Murdoch and Fox (at $85/share) that valued the company at more than $75B; it's worth about $64.5B in market cap today accounting for today's gain.
    • A deal makes sense, says Albert Fried analyst Rich Tullo, with 5G mobile on the way and AT&T set to benefit from a great content catalog at Time Warner.
    • The talks are probably more about skinny bundles and "VMVPD distribution," he figures, but 5G mobile and its video-transferring capabilities make a deal more worthwhile. The company's sum-of-the-parts analysis had previously figured Warner Bros. and Turner networks as worth about $30B each.
    • TWX has given back some of its initial spike, closing up 4.8%; T closed down 1.9%.
    | Yesterday, 4:05 PM | 41 Comments
  • Yesterday, 3:41 PM
    • AT&T (NYSE:T) is said to have discussed a takeover of Time Warner (NYSE:TWX) in meetings with the media company, Bloomberg is reporting.
    • Senior executives from the two met in recent weeks to talk over various strategies, including a possible merger, according to the report.
    • Time Warner is spiking, up 7% in the past minute.
    • AT&T has dropped quickly, -2.2%.
    | Yesterday, 3:41 PM | 40 Comments
  • Wed, Oct. 19, 2:51 PM
    • A new TV service from Google (GOOG +0.8%, GOOGL +0.6%) is likely to come in early 2017 after the company reached a carriage deal with CBS (CBS +0.7%) and is near distribution deals with Disney (DIS +0.6%) and Fox (FOX +0.8%, FOXA +0.4%) as well, The Wall Street Journal reports.
    • Reportedly called "Unplugged," the service would target cost-conscious viewers with a "skinny" bundle of live channels at $25-$40 per month, sources told the paper.
    • While it would be housed on Google's YouTube infrastructure, it would be separate from the existing ad-free YouTube Red subscription offering, though a curated part of Red would be part of the Unplugged bundle.
    • The bold move (with deals coming more rapidly than Apple's progress into TV) comes ahead of a planned live service from Hulu (CMCSA +0.2%, DIS, FOX, FOXA, TWX -0.1%) as well as AT&T's (T +0.2%) DirecTV Now offering arriving later this year (likely at $50/month or more), and enters a skinny space that already holds Sling TV (DISH +1.4%).
    • Updated 3:48 p.m.: Viacom (VIA +0.3%, VIAB +0.8%), home of MTV, Nickelodeon, Comedy Central and BET, is also in advanced talks to join the service.
    • Wall Street Journal report
    | Wed, Oct. 19, 2:51 PM | 30 Comments
  • Wed, Oct. 19, 2:38 PM
    • Google (GOOG, GOOGL) has reached a deal with CBS (NYSE:CBS) on a planned Web TV service -- and the search giant is also in advanced talks with Walt Disney (NYSE:DIS) and Twenty-First Century Fox (FOX, FOXA) to join, according to Dow Jones Newswires.
    • The service would be housed on Google's YouTube, which has made inroads this year on live-streaming as well as subscription offerings, including ad-free product YouTube Red.
    • The move comes slightly ahead of an expected late-2016 launch from AT&T (NYSE:T) of its DirecTV Now streaming service. AT&T chief Randall Stephenson has said that service would be "very, very" aggressively priced; most analysts expect an offering around $50 a month or as much as $60/month.
    • AT&T (T) makes a dip down, now up just 0.3% on the day.
    | Wed, Oct. 19, 2:38 PM | 30 Comments
  • Tue, Oct. 18, 6:37 PM
    • In its latest Latin American move, AT&T (T +0.2%) has launched roaming service in Cuba, joining other telecoms taking advantage of liberalization on the island nation.
    • Subscribers can talk, text, and use their data while in Cuba.
    • Voice calls come at $3/minute; texting comes at $0.50 per standard message (and $1.30 per multimedia message); and data costs $2.05 per megabyte.
    • "Extending service to our customers while they are in Cuba further solidifies our position as having the best global coverage of any U.S wireless provider," says AT&T's Bill Hague.
    | Tue, Oct. 18, 6:37 PM | 7 Comments
  • Tue, Oct. 11, 7:34 PM
    • AT&T (NYSE:T) is planning a multimillion-dollar revamp for its downtown Dallas headquarters that will result in adding more than 1,300 workers in an "urban-tech center."
    • It's choosing to stay in downtown after considering some attractive options in North Texas, including a possible office in Frisco and other new development in Dallas.
    • The company's working with the city, Dallas Area Rapid Transit and the Downtown Dallas group on a plan that would see it renovating its four-building, 2M-square-foot complex to create more of a destination (called the "AT&T Discovery District") in the central business district.
    • The added workers over the next few years would make for a total of 7,000 employees downtown. AT&T has doubled the number of employees there since moving in in 2008.
    | Tue, Oct. 11, 7:34 PM | 10 Comments
  • Mon, Oct. 10, 2:31 AM
    • Samsung Electronics (OTC:SSNLF) has suspended production of its Galaxy Note 7 following reports of fires in replacement devices, South Korean media said Monday, a further setback for the tech giant in the midst of its worst ever phone recall crisis.
    • The decision came after major mobile carriers in the U.S., including AT&T (NYSE:T) and T-Mobile (NASDAQ:TMUS), said they would stop issuing Note 7 devices over safety concerns.
    | Mon, Oct. 10, 2:31 AM | 31 Comments
  • Fri, Oct. 7, 7:51 PM
    • AT&T (NYSE:T) is considering a plan to stop all sales and replacements of Samsung's (OTC:SSNLF) troubled Galaxy Note 7 devices, Bloomberg reports.
    • Samsung began its own recall previously after widespread reports of a flawed lithium battery that could cause fire or explosions. But AT&T is likely to undertake its own solution, offering alternative phones to those who return the devices.
    • AT&T didn't comment on the plan, but a final decision on it is said to come as soon as today.
    | Fri, Oct. 7, 7:51 PM | 32 Comments
  • Fri, Oct. 7, 1:48 PM
    • It's a time of scaling back proposals at the FCC.
    • First, Chairman Tom Wheeler ratcheted back an assertive plan to "ditch the box," offering a new plan to regulate pay TV set-top boxes more in line with industry wishes. Now he's unveiling a scaled-back proposal to reform regulation of business data services.
    • That's a $40B annual market for key players including AT&T (T -0.5%), Verizon (VZ -0.2%) and CenturyLink (CTL +1.3%). Similar to his set-top box proposal, Wheeler's original plan for business data services was more aggressive in April.
    • The market covers special access lines that run much of modern society, or the parts that rely on heavy data -- including banks' connections to ATMs and credit card readers, or hospitals and schools' networks for moving data.
    | Fri, Oct. 7, 1:48 PM | 1 Comment
  • Thu, Oct. 6, 12:10 PM
    • AT&T (T -0.2%) is testing point-to-point fixed wireless Internet service, a move that could help serve insatiable appetites for bandwidth outside its traditional wireline service area.
    • In Minneapolis, the company is trying a millimeter wave technology to get service wirelessly to building rooftops where apartments can draw 100 Mbps connections.
    • That would predate work to make faster speeds available through the technology, likely a tier at 500 Mbps, AT&T said. For apartment units, the company is also pushing its DirecTV Advantage solution, offering the TV service to apartments via a single rooftop dish rather than single balcony dishes.
    • Beyond Minneapolis, AT&T said it's looking at fixed wireless connections in Boston, Denver, New Jersey, New York City, Philadelphia, Phoenix, Seattle and Washington D.C.
    • Google announced a deal to acquire Webpass in June, bulking up its fiber installation efforts by adding the wireless capability to speed deployment.
    • Other fixed wireless players: Towerstream (TWER -2.3%); Windstream (WIN -2%).
    | Thu, Oct. 6, 12:10 PM | 8 Comments
  • Thu, Oct. 6, 10:28 AM
    • IBM (IBM -0.2%) to utilize AT&T (T -0.4%) FlexWare, a solution tailored for setting up and managing virtual network functions. AT&T's value from the partnership is intended to derive from access to IBM's sales and marketing teams along with the ability to run applications on IBM infrastructure (cloud, cognitive, analytics, security).
    • IBM: "Working with AT&T, we continually are innovating in ways that not only meet our clients' business objectives, but also strengthen one of the industry's most powerful one-two punches. IBM will use these technologies to support the hybrid cloud evolution and deliver greater services to our clients."
    • AT&T: "Today represents the latest step in a long and mutually beneficial relationship between IBM and AT&T. By expanding our relationship with IBM, more customers will be able to take advantage of AT&T FlexWare that will adapt and grow with customers' business needs."
    • See also: AT&T, Amazon Web Services set strategic collaboration deal
    | Thu, Oct. 6, 10:28 AM | 25 Comments
  • Thu, Oct. 6, 9:17 AM
    • AT&T (NYSE:T) has set a multi-year strategic deal with Amazon Web Services (NASDAQ:AMZN), designed to help migration to AWS for AT&T customers new and old.
    • Solutions the two will develop will span cloud networking, mobility, Internet of Things (IoT), security and analytics.
    • Though there's room for future expansion, the partnership focuses at first on three areas: Business Cloud Networking (using AT&T NetBond), the Internet of Things (preconfiguration of AT&T sensors/devices with AWS Cloud) and Threat Management (utilizing AT&T's "Threat Intellect" basis for its security platform).
    | Thu, Oct. 6, 9:17 AM | 9 Comments
  • Wed, Oct. 5, 11:05 AM
    • An outage that hit a number of telecoms yesterday was tied to a technical issue at Level 3 Communications (LVLT -0.3%).
    • A configuration error caused downtime for several of its customers, the company acknowledged, but it didn't say which customers or for how long.
    • Meanwhile, reports had circulated about outages hitting the big four wireless providers (T, VZ, TMUS, S) as well as Comcast (NASDAQ:CMCSA). Problems lasted an hour or more, though Level 3 said issues were resolved around 11:30 a.m.
    | Wed, Oct. 5, 11:05 AM | 161 Comments
  • Wed, Oct. 5, 8:13 AM
    • AT&T's (NYSE:T) most recent big deal - the purchase of DirecTV last year - has put the company on a new acquisition path focusing on media companies, Bloomberg reports.
    • Over the next three to five years, AT&T will seek deals to become a producer of programming, shifting its business model so that it owns some of the content it distributes.
    • The company's targets include companies worth $2B-$50B.
    | Wed, Oct. 5, 8:13 AM | 18 Comments
  • Tue, Oct. 4, 4:49 PM
    • AT&T (T -2.1%) has set plans to spread its offering of gigabit Internet speeds to 11 new metro areas, part of a rebranded high-speed Internet initiative under its AT&T Fiber umbrella.
    • The company says that means commitments for 67 metros; it's already opened service in parts of 29 metros and plans to be in 45 by the end of this year.
    • New upcoming areas include: Gainesville and Panama City, Fla.; Columbus, Ga.; Central Kentucky; Lafayette, La.; Biloxi-Gulfport, Miss., and Northeast Mississippi; Wilmington, N.C.; Knoxville and Southeastern Tennessee; and Corpus Christi, Texas.
    • AT&T says despite the Fiber branding that it will use "a variety of network technologies" to connect up more high-speed Internet; the new brand "includes, but is not limited to, the former AT&T GigaPower network."
    • Meanwhile today, AT&T signed pop star Taylor Swift to an exclusive multi-year deal for performance and content, including a Houston show the night before the Super Bowl, its "Super Saturday Night." AT&T said it would provide details of the deal in the near future.
    | Tue, Oct. 4, 4:49 PM | 22 Comments