comcast at&t
RSS comcast at&tAT&T breaks silence on Comcast offer
News Armstrong said: "Comcast's offer is serious. Michael Armstrong, chairman of AT&T, has given his opinion on the offer of $40bn for his company's cable division. Sources quoted by the FT say AT&T believes the broadband division is worth... [12 Jul 2001]
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'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 reconsiders $53bn Comcast deal
News Comcast and AT&T are planning to resume discussions shortly over the future of the telco's broadband division. AT&T rejected a $53bn offer from Comcast for the business in mid-July, claiming the deal did not represent the true value of the... [02 Aug 2001]
AT&T meets AOL Time Warner
News According to reports, merger talks opened shortly after Comcast, AOL Time Warner's own cable division, made an unsuccessful $40bn stock-swap bid for AT&T Broadband. However, a potential deal could involve Comcast buying AT&T Broadband but... [25 Jul 2001]
AT&T boosted by broadband buy-out bid
News AT&T has seen its share price leap 11.83 per cent on the back of speculation that it is to sell its broadband division to US cable operator Comcast. However, AT&T has already held talks with Comcast over the past eight months regarding a... [10 Jul 2001]
Pace keeping up with AT&T talks
News UK company Pace Micro will be keeping a keen eye on the ongoing negotiations between Comcast and AT&T as any deal could massively bolster its own position. According to the Wall Street Journal Pace has a contract with US cable provider Comcast... [16 Jul 2001]
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]
Comcast bids $44.5bn for AT&T Broadband
News US cable television giant Comcast has offered AT&T a whopping $44.5bn for its broadband division. The all-stock bid would involve Comcast taking on $13.5bn of AT&T's outstanding debts, but does call into question the US telecoms giant's... [09 Jul 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]
AT&T rejects $53bn Comcast offer
News AT&T has rejected the $53bn bid from Comcast for its cable division. Cable firm Comcast had hoped a takeover of AT&T Broadband would move it from number three to top spot in the US market. Prior to Comcast's unsolicited offer AT&T had... [19 Jul 2001]
Decision time for AT&T
News AT&T will this week decide whether to engage in serious discussions with Comcast over its £28bn bid for the giant telco's cable TV networks business. John Malone, a major shareholder in AT&T, suggested that he would support Comcast's offer... [16 Jul 2001]
AT&T bids $58bn for MediaOne
News AT&T is taking advantage of a 45 day open period which MediaOne negotiated with Comcast, in which the cable company is allowed to consider other acquisition proposals. The offer is 17 per cent higher than the bid made by US telecoms giant... [23 Apr 1999]
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]
Excite@home goes to the wall
News Meanwhile, AT&T and Comcast signed an agreement on Friday that could see Comcast pay $37.8 billion for AT&T Broadband, a deal likely to include the Excite@Home assets. Excite@home has finally accepted the inevitable and filed for bankruptcy... [01 Oct 2001]
