comcast at&t amp
AT&T's Comcast deal may include $12bn debt swap
News Comcast's stuttering deal to buy AT&T Broadband took another step forward yesterday with news that the two companies may exchange as much as $11.8bn of debt in meeting the financial obligations of the deal. [13 Aug 2002]
AT&T posts $12.7bn loss
News A large dent was put in its figures by a write down of $13.1bn in the book value of the AT&T Broadband cable unit, which is being sold to Comcast in a deal expected to close later this year. AT&T has posted a $12.7bn loss for its second... [23 Jul 2002]
AT&T warns of falling revenues
News The one positive note on the books was the continued rising revenues at AT&T Broadband - the unit which is being sold off to US cable operator Comcast for $72m. AT&T has added to the malaise over the telecoms sector by warning revenues for... [25 Apr 2002]
AT&T Broadband swings the axe
News The company denied the cuts are related to the broadband division's proposed merger with US cable giant Comcast. US-based AT&T Broadband is to cut 500 jobs in an attempt to shift its business focus. [20 Feb 2002]
3Com loses board director
News Comcast seals $72m AT&T deal http://www.silicon.com/a50064 Last month it agreed to sell its cable operations to Comcast and its wireless unit was spun off earlier this year. AT&T president David Dorman has resigned from the 3Com board of... [21 Jan 2002]
AT&T inks $2.6bn deal with Accenture
News AT&T is now cut into four separately trading businesses: AT&T Wireless was spun off in 2001, AT&T Broadband plans to merge with its competitor Comcast, leaving AT&T Business Services and AT&T Consumer. [16 Jan 2002]
Markets poised for AOL profit warning
News At the end of last year AOL lost a bidding war with Comcast for AT&T's broadband division, leaving it with just half the subscribers of the new cable giant. Speculation is mounting that AOL Time Warner will unleash a profit warning on Monday at... [04 Jan 2002]
Comcast seals $72m AT&T deal
News US cable giant Comcast is set to take over AT&T's broadband division in a deal worth $72bn. The deal marks the end of a prolonged courtship, during which Comcast increased its bid several times, creating a cable giant with a subscriber base of... [20 Dec 2001]
AT&T shares expand in broadband merger
News Shares in AT&T gained 0.90 per cent on the NYSE yesterday after the company finalised a $72bn broadband merger with US cable network company Comcast. Comcast triggered the bidding last July by making an unsolicited $44.5bn deal, which was... [20 Dec 2001]
Microsoft backs off in AT&T Broadband battle
News The Seattle giant has offered its conditional backing to both Comcast and Cox Communications - both rival bidders in trying to secure the division of the telco giant. Microsoft has backed off in the race to buy a stake in AT&T Broadband by... [05 Dec 2001]
AT&T bid shaky as Excite@Home negotiates slow demise
News So far, only AT&T has done so, and now Comcast, Cox and Rogers Cable have made transitional agreements in which they will guarantee Excite with revenue and subscribers, for the next three months, while they go through the process of migrating... [04 Dec 2001]
Microsoft set to give AT&T $5bn
News AT&T is also expecting final offers on Monday for its broadband cable television unit from cable TV companies Cox communications, Comcast Corporation and AOL Time Warner. Microsoft is expected to invest up to $5bn in AT&T on Monday, the... [30 Nov 2001]
AOL gets intimate with AT&T over sale talks
News AT&T originally planned to spin off its cable TV unit earlier this year, but postponed the move in July after rejecting a $44.5bn offer from US cable provider Comcast. Following the failed Comcast bid, AT&T set a 30 November deadline for... [16 Nov 2001]
Excite@home grabs AT&T lifeline
News The agreement follows similar deals brokered by the former internet giant with cable companies Comcast, Cox Communications and Rogers Communications last week. Excite@home has reached an agreement with AT&T Broadband to allow it to continue to... [18 Oct 2001]
Excite haunts AT&T from beyond the grave
News AT&T and rival cable firms Comcast and Cox, rely upon Excite's network to provide high-speed internet over their cable lines, but now Excite's move has left them looking for new ways to meet subscriber growth targets. [11 Oct 2001]
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