Tag: AT&T
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WarnerMedia and Discovery Merger Now Expected to Close This Spring
Things are heating up with AT&Ts pending merger between WarnerMedia and Discovery. The $43-billion deal was supposed to close halfway through 2022, but now has been moved up to Q2 according to information shared on Wednesday’s earnings call. “We’re encouraged with how the process for the WarnerMedia deal is progressing,” said AT&T CEO John Stankey…
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AT&T is Shutting Down WatchTV on November 30
AT&T is alerting customers that it is finally shutting down its WatchTV service on November 30. In addition to the end of the streaming service, AT&T will be dropping Spotify from its Unlimited & More Premium plan. Customers are sharing a text message from AT&T on social media. That message says: “Hi, it’s AT&T. WatchTV…
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Weekend Wrap-Up: AT&T Spins Off DirecTV, HBO Max Offers Free Episodes, and More
This week, AT&T completed its spin off of DirecTV, leading to some new branding for existing streaming options. HBO Max started offering free episodes of key titles to help entice potential users to sign up. Over in Europe, Google started testing a cheaper tier of its YouTube Premium plan. Meanwhile, ViacomCBS touted reaching 42 million…
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AT&T Completes DirecTV Spinoff, Will Launch DirecTV Stream
AT&T has completed the spinoff of DirecTV after announcing a deal with TPG in February that gave the private equity firm 30% of the company, with AT&T holding onto 70%. AT&T will get $7.8 billion in the deal, with $1.8 billion coming from TPG and $5.8 billion from the new DirecTV. Financials of the new…
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AT&T Will Stop Slowing Down Unlimited Elite Wireless Customers’ Data
AT&T is upgrading its AT&T Unlimited Elite wireless plan with some new key features. While data under the plan is technically unlimited, the provider has deprioritization in the fine print after customers hit 100GB of data per month, meaning your data could be throttled if the network is busy. Now, AT&T is doing away with that…
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AT&T Confirms Deal with Discovery That Would Form Standalone Entertainment Company
AT&T announced Monday morning a “definitive agreement” with Discovery to combine media assets and “create a premier, standalone global entertainment company” if approved by regulators. The new company would combine assets, including HBO Max and Discovery+, to better compete in the direct to consumer business. Along with combining current content, the new company would have…
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AT&T and Discovery Reportedly Nearing a Deal to Merge Media Assets
AT&T is negotiating to combine its media assets with Discovery which would include AT&T-owned networks (HBO, CNN, TNT, TBS, and more), Warner Bro. studio, and Discovery’s channels (HGTV, Food Network, TLC, Discovery, etc.) Bloomberg reported Sunday that sources say the deal could be announced as early as this morning. Combined, the two companies would be a stronger…
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AT&T is Automatically Upgrading Internet Speeds for Fiber Customers
AT&T announced it’s rolling out faster internet speeds and more security features for its AT&T Fiber customers. Internet plan speeds will increase by up to 200Mbps, and customers will get access to the latest addition toAT&T’s security suite AT&T ActiveArmor for protection from digital threats. Entry and mid-level customers are getting a 200Mbps boost to their…
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AT&T Lost 620,000 Video Subscribers in Q1 2021
AT&T reported its first quarter earnings Thursday morning, showing a loss of 620,000 video customers. That number includes losses from DirecTV, U-Verse, and AT&T TV. AT&T ended the quarter with 15.89 million pay TV customers. AT&T and TPG entered into an agreement to form a new DirecTV in February, which included the sale of 30%…
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AT&T Pledges $2 Billion to Help Bridge the ‘Digital Divide’
AT&T is looking to bridge the digital divide in underserved areas by investing $2 billion into low-cost internet services over a three-year period. The largest telecommunications company in the world is looking to expand its footprint by bringing robust low-cost broadband connectivity to more Americans by participating in the Emergency Broadband Benefit (EBB), and investing…