AT&T sells Dallas tower, will lease it

Just as AT&T prepares to move its corporate headquarters from San Antonio to Dallas, the telco giant has sold its 37-story One AT&T Plaza office tower in downtown Dallas. However, the company is having the space renovated and actually will lease it back from the buyer, a subsidiary of Icahn Enterprises (Yes, that Icahn). About 700 employees will be moving into the new Dallas HQ. AT&T did not state the financial details of the real estate sale. San Antonio became the new AT&T's base of operations a few years ago, after SBC acquired AT&T, took the latter's name and moved its corporate home south from St. Louis. The old AT&T had staked San Antonio as it command center back in the early 1990s.

For more:
- see this story at the St. Louis Business Journal

Related articles:
AT&T announced the Dallas move earlier this summer. AT&T report
AT&T produced solid second quarter earnings. AT&T report

Suggested Articles

On Friday, CenturyLink announced it recently finished up a fiber project that connected 14,000 additional homes, in Boulder, Colo. to gigabit speeds.

SD-WAN could emerge as a prime technology that better enables work-from-home (WFH) and work-from-anywhere (WFA) scenarios for enterprises.

Windstream Enterprise has launched a live, web-based chat feature for its OfficeSuite UC Contact Center Services portfolio.