President Donald Trump’s FCC has put the kibosh on controversial Obama-era net neutrality regulations. At its monthly meeting Thursday, the Federal Communications Commission, led by Republican Chairman Ajit Pai, voted to repeal regulation passed in 2015 that prevented broadband companies from blocking or slowing access to websites or services. The rules also prohibited broadband companies …
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AT&T is giving itself a few more months to close its $85 billion acquisition of Time Warner. The Dallas telecommunications giant extended the deadline for the merger to April 22, according to a filing with the Securities and Exchange Commission. It’s the second time the company has extended the deadline, which was originally set for Oct. 22. Standing in the …
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It looks like “Game of Thrones” and the “Justice League” may not be heading to AT&T after all. The Department of Justice is suing to block AT&T’s pending acquisition of Time Warner, saying the $85 billion deal would concentrate too much power in one company. Time Warner is the media giant behind movie studio Warner Bros., premium cable channel HBO …
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Will it be an amicable deal — or a federal case? That’s the question hanging over a megadeal between AT&T and Time Warner Cable valued at $85 billion as of last year. According to The Wall Street Journal, the US Department of Justice is looking into how it would build a case against the acquisition in federal court, if it …
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AT&T can’t stop reminding people that it’s in the entertainment business now. But the reality is the company’s still in the phone business. The country’s second-largest wireless provider by subscribers added 3 million net customers in the third quarter, the company said in its earnings report on Tuesday. Roughly 2.3 million of those customers were in the US, the company’s …
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AT&T‘s foray into the online streaming video business is slowly gaining ground. The Dallas telecommunications giant disclosed in a Securities and Exchange Commission filing that it had added a net 300,000 customers to its DirecTV Now streaming service in the third quarter. That’s compared to the 491,000 customers it added in the first half of the year. Overall, the company …
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The biggest benefit of AT&T’s $85 billion acquisition of Time Warner? Cheaper prices for consumers, fueled mostly by more targeted advertising. That’s what AT&T CEO Randall Stephenson said Wednesday at the Vanity Fair New Establishment Summit in Beverly Hills. Stephenson said not many people can afford the $110 to $120 a month cable companies charge for their traditional TV bundle. …
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Time Warner is developing shows exclusively for ephemeral messaging app Snapchat in a deal reportedly worth $100 million. As part of the two-year agreement announced Monday, the parent of HBO and CNN and owner of Warner Bros. will create a range of shows — including dramas and comedies — showcasing some of the talent appearing on its networks. Time Warner …
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With T-Mobile tearing up the wireless industry, what’s a carrier to do? If you’re AT&T, start looking outside the wireless business. AT&T doesn’t want to be known as just a telecom company anymore. It’s using its DirecTV Now streaming service to take control of what you watch and of how you watch it. AT&T owns one of the key services …
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New York’s attorney general is suing the second-largest cable operator in the US, claiming the company lied about internet speeds. Eric Schneiderman filed the lawsuit ( pdf) in Manhattan’s State Supreme Court on Wednesday, following a 16-month investigation. The attorney general argues that Charter and its subsidiary, Spectrum, have provided subpar services, with internet speeds slower than the company advertised. …
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