AT&T Inc. (T) - NYSE
  • Jul. 12, 2012, 1:06 PM

    Is Viacom (VIA -1.5%) fiddling while the traditional TV landscape is burning? After average cable rates rose 7.2% over the last year, the company is asking DirecTV (DTV -0.9%) for a "fair" 30% increase to air its networks at the same time it allows many of its shows to be carried on outlets such as Amazon and Netflix. DirecTV is losing the PR battle so far (which Viacom is probably counting on) as customers blame the company for pulling the plug on networks in the stalemate, but appears to be using this particular dispute to draw a line in the sand.

    | Jul. 12, 2012, 1:06 PM | 4 Comments
  • Jul. 11, 2012, 2:13 PM

    DirecTV (DTV -0.4%) and Viacom (VIA -0.5%) engage in an elevated war of words that doesn't do much productively for either company as Dora, SpongeBob, and Jon Stewart stay in limbo for 20M. One of the issues in play according to DirecTV CEO Mike White is that Viacom content on Netflix makes it hard for the company to pass on any price hikes, while Viacom accuses DirecTV of using customers as pawns. Previous: (Hulu and NFLX benefit from cable/satellite/network bickering)

    | Jul. 11, 2012, 2:13 PM | 1 Comment
  • Jul. 11, 2012, 5:32 AM
    DirecTV's (DTV) almost 20M subscribers last night lost access to 17 Viacom (VIA) networks, including Nickelodeon, MTV and Comedy Central, after the satellite broadcaster dropped the channels because of a failure of the two companies to forge a new deal over carriage fees. The dispute follows a fight between Dish and AMC Networks in June.
    | Jul. 11, 2012, 5:32 AM | 3 Comments
  • Jul. 10, 2012, 8:14 AM
    A showdown between DirecTV (DTV) and Viacom (VIA) over carriage fees reaches an impasse after the companies can't work out a last-minute deal. Though Viacom has publicly stated that DirecTV might drop all of its channels as of midnight tonight, DirecTV says (tweet) it has no intention of taking the dramatic action.
    | Jul. 10, 2012, 8:14 AM
  • Jul. 9, 2012, 2:48 PM

    That Verizon Wireless (VZ, VOD) and AT&T (T) are engaging in price signaling - a situation where rivals quickly match each others' price changes - now seems to be admitted even by company execs. AT&T's axing of unlimited data was followed by Verizon doing the same, and all signs point to AT&T following Verizon's lead in migrating to costly shared data plans. With Sprint (S) and T-Mobile (DTEGY.PK) offering weak competition, this situation could continue for a while.

    | Jul. 9, 2012, 2:48 PM | 6 Comments
  • Jul. 6, 2012, 3:03 PM

    DirecTV (DTV -0.3%) could be a good bet now that prevailing pessimism has helped to beat down shares to reasonable valuations, according to the WSJ. On the positive side of the ledger, the company generates over $2B in free cash flow and is seeing surging growth in Latin America. And while margin pressure is a very real concern, DirecTV has been discounting less and targeting customers that provide better potential for profits.

    | Jul. 6, 2012, 3:03 PM | 1 Comment
  • Jul. 4, 2012, 9:10 AM

    RIM (RIMM) is under pressure from mobile phone companies, including AT&T (T) and Verizon Wireless (VZ, VOD), to cut carrier fees. It's a real pain point for RIM, as the fees generate $4.1B annually and account for more than a third of the BlackBerry maker's revenue. Analysts say that figure could drop to $2.8B in FY'14.

    | Jul. 4, 2012, 9:10 AM | 28 Comments
  • Jul. 3, 2012, 8:55 AM

    A look at the performance of key ETFs for U.S. fixed income during H1 shows corporate credit - both investment grade (LQD) and high yield (HYG) - providing the best returns. They were nearly matched by long-term Treasurys, but without TLT's wild ride. Municipals (MUB) performed more like stocks, up big early, but giving up a lot of those gains.

    | Jul. 3, 2012, 8:55 AM
  • Jun. 29, 2012, 12:48 PM

    AT&T (T) has added mobile industry vet Scott T. Ford to its board. Ford was CEO of rural carrier Alltel until its 2009 acquisition by Verizon, and is currently a partner at money manager Westrock Capital. (earlier)

    | Jun. 29, 2012, 12:48 PM
  • Jun. 29, 2012, 11:11 AM
    Piper slightly lifts its target for AT&T (T +0.7%) to $37 after checks indicate better-than-expected mobile subscriber adds, and continued low churn. The firm now expects Ma Bell to post Q2 net adds of 225K (200K prior) and churn of 1.05% (down from Q1's 1.1%). It also expects just 7% of AT&T subs to have upgraded their phones during the quarter, as the carrier tries to lower smartphone subsidies.
    | Jun. 29, 2012, 11:11 AM | 1 Comment
  • Jun. 27, 2012, 4:41 PM

    Sprint (S) says its 4G LTE network, which it's building out with Clearwire's (CLWR) help, will go live in five cities on July 15. The launch will be supported by five devices, including Samsung's Galaxy S III. Verizon (VZ) and AT&T's (T) lead in deploying LTE, the result of Sprint's prior decision to opt for the much less popular WiMAX as its 4G technology, has Sprint scrambling to catch up. Separately, Tero Kuittinen argues T-Mobile's woes could work to Sprint's benefit.

    | Jun. 27, 2012, 4:41 PM | 1 Comment
  • Jun. 27, 2012, 2:35 PM

    The Supreme Court won't hear a request by DirecTV (DTV +0.1%) to rule on a 2010 decision in Ohio over a sales tax that applies to satellite companies but not cable rivals. DirecTV pays about $44M a year under the discussed tax.

    | Jun. 27, 2012, 2:35 PM
  • Jun. 27, 2012, 10:22 AM

    Leap Wireless (LEAP +3.8%) bounces on an upgrade to Buy from Guggenheim, which had downgraded shares following the prepaid carrier's disappointing Q1 report. The firm likes Leap's recent decision to sell smartphones at higher price points, thereby reducing the frequency of upgrades (ed: this helps reinforce worries about diminished carrier subsidies affecting U.S. smartphone demand).

    | Jun. 27, 2012, 10:22 AM
  • Jun. 26, 2012, 1:48 PM

    A study from CIRP estimates Sprint (S) accounts for just 9% of iPhone sales at Apple Stores, and 19% of sales at Best Buy. This compares with 63% and 60%, respectively, for AT&T (T). Also, 94% of Verizon and AT&T iPhone subs bought a second iPhone from the carrier, thus limiting Sprint's ability to poach. The study raises fresh questions about whether Sprint can hit its iPhone purchase commitments, and also helps explain why Verizon felt comfortable hiking service plan prices. (also)

    | Jun. 26, 2012, 1:48 PM | 3 Comments
  • Jun. 26, 2012, 12:17 PM
    MetroPCS (PCS -2.8%) and Leap Wireless (LEAP -0.8%) trade lower after Goldman slashes its targets on fresh concerns about competition from both nationwide carriers and virtual carriers piggybacking on their infrastructure. The firm thinks MetroPCS could report a first-ever drop in subscribers and service revenue in Q2, and expects both companies to trade lower near-term until the arrival of positive catalysts later this year. (Q1 results) (Bernstein)
    | Jun. 26, 2012, 12:17 PM
  • Jun. 25, 2012, 2:51 PM

    The DoJ has requested information from DirecTV (DTV -1.5%) and Dish Network (DISH -4.5%) about pricing contracts with TV networks as part of its wider probe into whether or not cable companies are pressuring programmers to set pricing that intentionally squeezes online content providers such as Netflix (NFLX -0.5%) and Hulu. (Related: Cable companies contend they run their own "private" Internet)

    | Jun. 25, 2012, 2:51 PM
Company Description
AT&T, Inc. provides telecommunication services and products, including wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking and wholesale services. It operates business... More
Sector: Technology
Industry: Telecom Services - Domestic
Country: United States