December 25, 2003 |
AT&T Corp. said it would freeze salaries for 43,000 nonunion workers until April 2005 as part of its effort to trim its costs. The freeze was announced in an e-mail to employees by AT&T Chairman and Chief Executive Dave Dorman. New York-based AT&T, the nation's largest long-distance carrier, has 64,000 employees.
March 10, 1999 |
AT&T Corp. completed its $55-billion acquisition of cable TV giant Tele-Communications Inc., a deal that creates a one-stop shop for phone service, Internet access and cable television. The long-distance giant also plans to provide local phone service over TCI's cable wires. AT&T plans to pilot telephone service over cable in 10 U.S. cities by year-end.
September 18, 2002 |
Comcast Corp.'s planned $56-billion purchase of AT&T Corp.'s cable television business cleared a regulatory hurdle at the Justice Department, the companies said. The waiting period under the Hart-Scott-Rodino antitrust act expired at midnight. The Federal Communications Commission still must approve the acquisition. Special Class A shares of Philadelphia-based Comcast rose 43 cents to $23.73 on Nasdaq. AT&T shares rose 31 cents to $12.63 on the NYSE.
June 22, 1999 |
AT&T Corp. and Mexico's Telefonos de Mexico, the country's largest telephone company, have signed an accord to lower a cross-border interconnection rate to make it cheaper to call between Mexico and the U.S. The new rate, which covers the cost of completing a long-distance call between the two nations, will drop to 19 cents a minute from 37 cents. It becomes effective July 1. Telephone traffic between Mexico and the U.S.
November 11, 2000 |
AT&T Corp. and other cable-television companies scored a victory in Florida, where a federal judge ruled that requirements to open cable lines to rival Internet service providers are unconstitutional. Such requirements, known as open access, violate 1st Amendment rights to freedom of speech and the press because cable companies distribute information, Judge Donald Middlebrooks of the U.S. District Court in Miami said. An ordinance in Broward County, Fla.
July 11, 2006 |
AT&T Inc. settled two Federal Communications Commission enforcement actions by paying $550,000 and agreeing to strengthen customer privacy practices. The nation's largest phone company didn't admit to violating any law and the payment doesn't constitute a fine or penalty, according to a consent decree announced Monday by the FCC. The settlement ends actions against the former AT&T Corp. and SBC Communications Inc. The FCC claimed AT&T Corp. failed to certify it complied with privacy rules.
June 5, 2001 |
AT&T Corp. accused Microsoft Corp. in a lawsuit of infringing patents on technology that permits speedier transmission of phone calls and video over the Internet. The lawsuit, filed in federal court in New York, says AT&T notified Microsoft in April 1999 of the alleged violation. Negotiations failed to result in a licensing agreement, the complaint says. AT&T seeks unspecified damages. A spokesman for Microsoft had no immediate comment on the lawsuit. Microsoft shares rose 44 cents to $70.
October 12, 2005 |
AT&T Corp. said it would suspend Internet phone service for subscribers who fail to keep their location up to date when they move around with the mobile service. Internet telephone service, known as voice over Internet protocol, can be used anywhere a subscriber has a high-speed Internet connection. That mobility has prompted concerns by communications regulators who worry that if subscribers do not register their location in the U.S.