Tag Archives: ATT

DOJ Appeals Merger Of AT&T And Time Warner

CNBC reports: The Justice Department will appeal the AT&T-Time Warner merger approval, according to a court document filed Thursday. Shares of AT&T slipped more than 1 percent in after-hours trading Thursday. AT&T General Counsel David McAtee said the company was surprised by the appeal. “The Court’s decision could hardly have been more thorough, fact-based, and well-reasoned. While the losing party ...

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Merger Complete: Time Warner No Longer Exists

The Los Angeles Times reports: Time Warner Inc. is no more. Late Thursday, AT&T Inc. announced that it completed its $85-billion acquisition of Time Warner Inc., just two days after a federal judge in Washington gave the deal the green light. AT&T wasted little time consolidating its hard-fought prize — a blockbuster purchase that instantly transforms the phone company into ...

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Judge Approves Merger Of AT&T And Time Warner

The New York Times reports: A federal judge on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to block the $85.4 billion deal, in a decision that is expected to unleash a wave of takeovers in corporate America. The merger would create a media and telecommunications powerhouse, reshaping the landscape of those industries. The ...

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AT&T Makes $1M Pride Month Gift To Trevor Project

Via press release from AT&T: As we kick-off Pride Month, AT&T is proud to announce a $1 million donation and a multi-year partnership with The Trevor Project, the leading national organization providing crisis intervention and suicide prevention services to LGBTQ youth. Suicide is the second leading cause of death for youth aged 10 – 24, and LGBTQ youth are almost ...

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Giuliani Spawns New Furor Over AT&T Scandal

CNN reports: Rudy Giuliani just contradicted the White House and the Justice Department on a very sensitive subject: The AT&T-Time Warner deal. All along, the government has said that President Trump was not involved in blocking the $85 billion bid. Lawyers and White House aides have batted away speculation about improper political interference. But on Friday night, Giuliani cast new ...

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AT&T CEO Regrets “Big Mistake, Serious Misjudgment” To Hire Cohen, Top Executive Behind Deal To “Retire”

USA Today reports:  The CEO of AT&T described the company’s decision to hire President Trump’s personal attorney as a “big mistake” and a “serious misjudgment” in a message to employees Friday. “Our reputation has been damaged,” Randall Stephenson wrote in the statement. “There is no other way to say it — AT&T hiring Michael Cohen as a political consultant was ...

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AT&T Confirms At Least $200,000 In Payments To Michael Cohen For “Insight Into Trump Administration”

CNN Money reports: AT&T confirmed Tuesday evening that it paid President Trump’s personal lawyer Michael Cohen in 2017 for “insights into understanding the new administration.” The payments were revealed in a document published by Stormy Daniels’ attorney Michael Avenatti Tuesday afternoon. Avenatti alleged that Essential Consultants, a shell company set up by Cohen before the election to pay Daniels, was ...

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AT&T Announces $1000 Bonus For All Employees After GOP Tax Scam Bill Passes (But Hang On, Not So Fast)

CNBC reports: AT&T was quick to respond to news of U.S. tax reform, announcing it would give some employees bonuses once the legislation is signed into law. The telecom giant said in a press release Wednesday that it would give more than 200,000 U.S. union members a special bonus of $1,000. The company also increased its capital expenditures budget by ...

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DOJ To Sue To Stop AT&T / Time Warner Deal

The Associated Press reports: Justice Department intends to sue AT&T to stop its $85 billion purchase of Time Warner, according to a person familiar with the matter who was not authorized to discuss the matter ahead of the suit’s official filing. That sets the stage for an epic legal battle with AT&T. The telecom giant’s CEO Randall Stephenson said earlier ...

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Justice Department Orders Time Warner To Sell CNN In Order To Win Approval For Merger With AT&T

The New York Times reports: The Justice Department has called on AT&T and Time Warner to sell Turner Broadcasting, the group of cable channels that includes CNN, as a potential requirement for approving the companies’ pending $85.4 billion deal, people briefed on the matter said on Wednesday. The demands set up a potential battle over the fate of the long-in-the-works ...

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REPORT: AT&T Considers Selling CNN After Time Warner Merger To Curry Favor With Trump Administration

Deadline reports: There are rumblings at the highest executive levels that AT&T’s top executives are considering divesting some Time Warner assets — including news organization CNN and celebrity gossip site TMZ — after they merge. AT&T expects the Justice Department to approve its $85 billion acquisition of Time Warner, and for the deal to close, by year end. The telco ...

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REPORT: Trump Opposes Pending Time Warner Merger With AT&T If Jeff Zucker Remains Head Of CNN

The New York Times reports: White House advisers have discussed a potential point of leverage over their adversary, a senior administration official said: a pending merger between CNN’s parent company, Time Warner, and AT&T. Mr. Trump’s Justice Department will decide whether to approve the merger, and while analysts say there is little to stop the deal from moving forward, the ...

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AT&T Closes Deal Buy Time Warner For $80B

The New York Times reports: AT&T has agreed to buy Time Warner for more than $80 billion, a person briefed on the matter said on Saturday, a move that would create a new colossus in the worlds of media and telecommunications. Putting together AT&T, a sprawling video and internet empire that encompasses cellphone and cable service along with DirecTV, and ...

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AT&T Launches Pride Month Contest

Via press release: In celebration of LGBT Pride Month and Pride season, AT&T is proud to launch the third annual “Live Proud” campaign that is centered on awareness, empowerment and most importantly, pride. For many individuals, living openly and stating “This is Me” can be challenging. That’s why AT&T has designed the Live Proud campaign this year to provide a ...

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AT&T Denounces Russian Homophobia

From the corporate blog of AT&T: The Olympic Games in Sochi also allow us to shine a light on a subject that’s important to all Americans: equality. As you may know, the lesbian, gay, bisexual and transgender (LGBT) community around the world is protesting a Russian anti-LGBT law that bans “propaganda of non-traditional sexual relations.” To raise awareness of the ...

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AT&T Staffers: It Gets Better

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Feds Block Merger Of Cell Phone Giants

The Department of Justice today filed suit to block the merger of AT&T and T-Mobile, saying that if the companies were to join, millions of consumers would suffer with higher prices and fewer choices. “AT&T’s acquisition of T-Mobile would eliminate a company that has been a disruptive force through low pricing and innovation by competing aggressively in the mobile wireless ...

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Six GLAAD Board Members Resign

The controversy that prompted the resignation of GLAAD president Jarrett Barrios has widened to include the departures of six members of the group’s board of directors. Politico reports: Six board members of the Gay & Lesbian Alliance Against Defamation have resigned amid the fallout over the organization’s letter in support of AT&T’s proposed bid for wireless rival T-Mobile, a person ...

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GLAAD Head Jarrett Barrios Resigns

After enduring weeks of criticism over a letter sent to the FCC supporting the merger of AT&T and TMobile, GLAAD head Jarrett Barrios has resigned. Those critical of the letter pointed out that AT&T is one of GLAAD’s biggest annual donors. Other recipients of AT&T donations such as the NAACP and the NEA have issued similar letters.

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TENNESSEE: Major Corporations Back Off Bill Banning All LGBT Rights Laws

Following the launch of a protest campaign by AmericaBlog Gay, several major corporations have denounced Tennessee’s pending bill which would ban all local LGBT rights laws. The bill was backed by the Tennessee Chamber of Commerce, where the companies below sit on its board of directors. Via HRC: Alcoa:“Alcoa provides equal employment opportunity without discrimination and supports state and local ...

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