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AT&T Inc. (T)

  • Sep. 6, 2011, 10:13 AM
    In the face of increasing warning signs about the health of broader consumer tech sales, Canaccord's Milk Walkley is raising his PT on Apple (AAPL) to $545 from $515, citing strong iPhone 4 sales at AT&T (T) and Verizon (VZ). Walkley is also lifting his 2011 and 2012 iPhone shipment forecasts, and his 2012 iPad forecast.
    | Sep. 6, 2011, 10:13 AM | Comment!
  • Sep. 6, 2011, 9:36 AM
    Doubts continue to be expressed about Sprint's (S) long-term health, with or without an AT&T/T-Mobile (T) merger. Stifel Nicholas thinks the merger-free status quo is bad enough for Sprint, and concerns exist regarding Sprint's reliance on partners to deliver 4G services, given that the company lacks the resources to finance its own buildout. (previously)
    | Sep. 6, 2011, 9:36 AM | Comment!
  • Sep. 6, 2011, 4:52 AM
    Deutsche Telekom (DTEGY.PK) will evaluate T-Mobile USA's options in order to overcome the Justice Department's antitrust fears and facilitate the mobile carrier's $39B sale to AT&T (T). Deutsche Telekom will also join AT&T in court to defend the deal.
    | Sep. 6, 2011, 4:52 AM | Comment!
  • Sep. 5, 2011, 5:25 AM
    AT&T (T) may not have to pay Deutsche Telekom (DTEGY.PK) a $6B dollar breakup fee, even if the $39B purchase of T-Mobile USA fails, Reuters reports. For example, AT&T could avoid payment if T-Mobile falls below a certain value, which could occur if parts of it have to be sold to gain approval.
    | Sep. 5, 2011, 5:25 AM | 4 Comments
  • Sep. 2, 2011, 11:54 AM
    Nomura thinks there could be a slowdown in iPhone (AAPL) sales in September, as buyers wait for the hotly-anticipated next-gen model, but sees Q4 demand making up for it. The firm also believes Sprint's (S) acquisition of the iPhone may be a mixed blessing for the carrier, as it could trigger a price war rivals T and VZ are better-equipped for.
    | Sep. 2, 2011, 11:54 AM | 3 Comments
  • Sep. 2, 2011, 4:34 AM
    AT&T (T) could have to sell up to 25% of T-Mobile's (DTEGY.PK) business, including airwaves and customers, to overcome government antitrust fears about the carriers' tie-up, sources say. While AT&T is preparing for a court fight with the DOJ, it's also formulating an offer to salvage the $39B deal.
    | Sep. 2, 2011, 4:34 AM | 1 Comment
  • Sep. 1, 2011, 4:48 PM
    As Sprint (S -0.5%) holds onto most of yesterday's post-DOJ gains, some analysts question whether the move higher is justified. Macquarie doesn't think Sprint has the resources to acquire T-Mobile should AT&T (T) fail in its bid, and Barclays thinks Sprint only benefits if it's able to strike a partnership with T-Mobile - far from a sure thing.
    | Sep. 1, 2011, 4:48 PM | Comment!
  • Sep. 1, 2011, 2:48 PM
    AT&T (T) didn’t seem to get the hint that the Justice Department wasn’t satisfied with either the speed or scope of potential remedies in its proposed takeover of T-Mobile (DTEGY.PK). From the beginning, DOJ officials expressed concern about competition issues, and AT&T failed to grasp that giving away spectrum and cell towers was not enough to solve those doubts.
    | Sep. 1, 2011, 2:48 PM | 1 Comment
  • Sep. 1, 2011, 2:45 PM
    While AT&T (T) claims its disputed merger with T-Mobile will create "tens of thousands of jobs" thanks to higher capex, Sprint (S), which staunchly opposes the deal, has released a study (.pdf) claiming the merger would cost 34K-60K jobs, once the spending T-Mobile would have otherwise carried out is taken into account. (previously)
    | Sep. 1, 2011, 2:45 PM | 2 Comments
  • Sep. 1, 2011, 11:41 AM
    Judge Ellen Segal Huvelle, overseeing the Justice Department’s lawsuit against AT&T (T), has lots of antitrust experience, including a case in which the government was dealt a big loss. She ruled against the DOJ in a 2001 lawsuit against SunGard because it could not prove a transaction was "reasonably likely to substantially lessen competition.”
    | Sep. 1, 2011, 11:41 AM | 1 Comment
  • Sep. 1, 2011, 10:17 AM
    The government’s condemnation of AT&T's (T) deal for T-Mobile (DTEGY.PK) should send shivers all over Silicon Valley, Larry Downes writes. Mobile competition is increasing, not shrinking. Prices for mobile services have plummeted; product variety and innovation have exploded. And AT&T’s goal of deploying a nationwide 4G LTE network actually would increase competition.
    | Sep. 1, 2011, 10:17 AM | 1 Comment
  • Sep. 1, 2011, 9:27 AM
    Brightpoint (CELL) gains 5.7% premarket as Citi's Jim Suva upgrades shares to Buy. Suva thinks Brightpoint would be a major beneficiary if the DOJ's lawsuit to stop the AT&T/T-Mobile (T) merger succeeds, given the company's sales to T-Mobile stores. (previously)
    | Sep. 1, 2011, 9:27 AM | Comment!
  • Sep. 1, 2011, 8:05 AM
    The DOJ is continuing discussions with AT&T (T) and T-Mobile USA (DTEGY.PK) "that might lead to modifications" of their $39B merger, a German government official says. The talks are taking place on the sidelines of a court case between the parties following the DOJ's suit to block the deal.
    | Sep. 1, 2011, 8:05 AM | Comment!
  • Sep. 1, 2011, 7:52 AM
    MobiTV, which provides live TV services to U.S. wireless subscribers for a monthly fee, is filing for a $75M IPO under the ticker MBTV. The company's revenue grew 22% Y/Y in 1H 2011 to $36.9M, while its loss declined to $8.1M. MobiTV depends on S, T, and T-Mobile for most of its revenue, with Sprint accounting for 54% of sales in 2010. (S-1)
    | Sep. 1, 2011, 7:52 AM | Comment!
  • Aug. 31, 2011, 4:36 PM
    Is AT&T’s (T) deal for T-Mobile (DTEGY.PK) dead? Sanford Bernstein says yes, and now AT&T faces a spectrum shortfall, loses a “key driver of synergies," and may need to hike capital spending. But Wells Fargo thinks it's not over, looking at an expedited hearing in 10 days or so, and BTIG hears echoes of how Oracle (ORCL) fought in court in 2004 to win its deal to acquire Peoplesoft.
    | Aug. 31, 2011, 4:36 PM | Comment!
  • Aug. 31, 2011, 3:48 PM
    Sprint (S +6.1%) isn't the only service provider gaining on the DOJ's attempt to stop the AT&T/T-Mobile (T) merger: Dish Network (DISH +6.3%) is moving higher as well. AT&T's partnership with DirecTV (DTV +0.7%) is likely the biggest factor behind the move, though Dish's plans to build a 4G network may also be playing a role.
    | Aug. 31, 2011, 3:48 PM | Comment!
Company Description
AT&T Inc, through its subsidiaries and affiliates, provides wireless and wireline telecommunications services in the United States and internationally. The Company has three reportable segments: Wireless, Wireline, and Other.