AT&T has made another concession to get regulatory approval of its $48.5 million proposal to acquire DirecTV by promising that it would extend fiber to the home (FTTH) services to more locations.
The FCC has decided against allowing package bidding in next year's planned incentive auction of 600 MHz broadcast TV spectrum, moving against Verizon Wireless and AT&T Mobility, which had argued that package bidding would be a more efficient way to conduct the auction.
AT&T told the federal government Tuesday that its proposed acquisition of DirecTV will give it the leverage it needs to cut spiraling program costs by 20 percent.
AT&T has issued an upbeat second-quarter 2014 forecast about its U-verse broadband and TV results during what is typically a challenging quarter.
Earlier this month, AT&T unveiled its new Cricket prepaid service with a new tagline, price plans and store design. At the launch event held in a model Cricket store in suburban Atlanta, Sue Marek, FierceWireless editor in chief, talked with Jennifer Van Buskirk, president of Cricket Wireless about the company's revamped service.
AT&T Mobility forecasted sharply higher postpaid subscriber additions for the second quarter than it had in the year-ago period, and also said it expects more customers than ever before to buy smartphones via its Next handset upgrade program.
Being bundled with broadband high-speed data will boost AT&T U-verse television going into the second quarter of the fiscal year, the carrier predicted in an update on its Project VIP network investment. The bundle, in fact, "reinforces the strategic rationale of AT&T's proposed acquisition of DirecTV," the company said.
AT&T has allocated nearly $800 million to expand its U-verse and on-net fiber footprint to more business locations in Oklahoma, relfecting its dedication to completing its multi-billion dollar Project VIP initiative.
AT&T Government Solutions has been awarded a $10.4 million contract by the U.S. Navy to provide its cloud-based 911 routing and call handling solutions to Navy facilities nationwide.
Claiming that $49 billion is not enough to pay for a satellite TV programming service "on the rise," a Los Angeles shareholder has filed a class action suit against AT&T and DirecTV over their proposed merger.