AT&T Corp.

News and overview for AT&T Corp.

Malone: DirecTV Would Be "Compatible" With A Telco
Discovery Executive NewsBlast | 2 days 6 hours 29 minutes ago
...shareholders officially approved the spin-off of DirecTV from Liberty Media Corp. on Thursday, leading to speculation the larger independent company may eventually be bought by AT&T or Verizon Communications. Chairman John Malone says DirecTV would...


Sprint, Ciena give back some gains - MarketWatch
MarketWatch | 3 days 20 hours 49 minutes ago
Qwest Communications International Inc. /quotes/comstock/13*!q/quotes/nls/q (Q 3.75, +0.10, +2.60%) was the lone advancer in the phone group, up a penny.


Sprint, Ciena gain; AT&T, Ericsson decline - MarketWatch
MarketWatch | 4 days 21 hours 7 minutes ago
Fed's Lacker: Recovery 'solidly underway'


Microsoft Outlines Growth Agenda at Annual Shareholder Meeting [Press Release]
PRNewswire | 2 days 12 hours 13 minutes ago
REDMOND, Wash., Nov. 19 /PRNewswire-FirstCall/ --


Sprint Launching SANYO Incognito, a Striking Combination of Glow-Through Keypad with Multimedia Functionality & Style [Press Release]
Business Wire | 1 day 23 hours 29 minutes ago
Sprint (NYSE: S) and Kyocera Communications Inc., provider of Kyocera- and SANYO-branded wireless devices, today announced the launch of the SANYO Incognito™ SCP-6760. Chock full of media and messaging features, Incognito features a high-gloss, Titanium Black mirrored external surface that jumps to life with the activation of the phone’s glow-through keypad and OLED external display. Flipped open, the phone boasts a full QWERTY keyboard and a high-resolution 2.6” QVGA internal display. Optimi...


Is Liberty just biding its time before selling DirecTV?
NAB SmartBrief | 3 days 6 hours 29 minutes ago
...pay-TV, is being seen as a sign by some analysts that parent Liberty Media Corp. intends to unload the company, perhaps within a couple of years. Verizon and AT&T reportedly have expressed interest in acquiring DirecTV in the past. None of...


Sprint, Ciena are top telecoms again - MarketWatch
MarketWatch | 4 days 18 hours 52 minutes ago
In its report, Credit Suisse said Sprint is making good progress in its turnaround plan and argued that the market is ignoring its success in signing up prepaid customers. While prepaid customers are not as profitable as subscribers on annual contracts, Credit Suisse said Sprint could sign up enough of them to improve overall sales and profit. Read full story about Sprint's turnaround.


Clearwire drops 11%; Nokia leads advancers - MarketWatch
MarketWatch | 10 days 21 hours 8 minutes ago
Retail stocks rise; Macy's drops on forecast miss


AT&T Completes Acquisition of Centennial Communications [Press Release]
Business Wire | 15 days 22 hours 35 minutes ago
AT&T* today announced that it has completed its acquisition of Centennial Communications Corp. (Nasdaq:CYCL). The acquisition enhances AT&T’s network coverage across the Midwest and Southeast United States and in Puerto Rico and the U.S. Virgin Islands.


Sprint, Motorola decline; AT&T edges higher - MarketWatch
MarketWatch | 9 days 20 hours 56 minutes ago
AMD, 3Com gains lead early tech advance


Why Congress needs a pay cut, or threat of one - MarketWatch
MarketWatch | 5 days 7 hours 29 minutes ago
Everyone in business understands this. That's why enormous work goes into designing and improving incentive systems to align the interests of directors, executives and staff with those of stockholders. Charlie Munger, Warren Buffett's second in command, says he's been a fanatical believer in the power of incentives all his life and yet frequently finds he's underestimated it.


Palm shares push up following upgrades - MarketWatch
MarketWatch | 4 days 18 hours 2 minutes ago
By midday trading Tuesday, Palm shares were up nearly 5% at $12.41. They've slumped by more than a third since peaking above $18 in late September.


Veriplace(R) Location Aggregation Platform Data Incorporated Into Microsoft Codename 'Dallas' [Press Release]
PRNewswire | 4 days 12 hours 29 minutes ago
...Aggregation Platform, winner of Microsoft Corp.'s Mobile Incubation Week last month...Business Platform Division at Microsoft Corp. "WaveMarket's Veriplace Location Aggregation...include top tier North American carriers AT&T, Sprint Nextel, Alltel, Bell Mobility...


MarketWatch - Stock Market Quotes, Business News, Financial News
MarketWatch | 4 days 14 hours 18 minutes ago
Oil stocks rally back on crude rebound





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Company Overview


Company: AT&T Corp.
Industry: Long-distance Carriers
Website: http://www.att.com

Metamorphosis is more than a metaphor for Ma Bell. The telecom giant has been through more changes than a butterfly. Most recently AT&T has agreed to be acquired by SBC Communications in a cash and stock deal valued at $16 billion. AT&T is still a long-distance leader in the US with more than 30 million customers, but competition has driven rates to all-time lows and the company is no longer seeking new customers in its most traditional line of business. The company's biggest revenue generator and its new focus is the AT&T Business Services unit, which offers advanced data communications and accounts for nearly 75% of total revenues. The company's global network is among the largest and most advanced.


Key Numbers

Sales in U.S. Dollars (mil.) 30,537 (2004)
One-year % Growth in Sales -11.6 (2004)
Net Income in U.S. Dollars (mil.) -6,469 (2004)
One-year % Growth in Net Income 0.0 (2004)
Number of Employees 47,600 (2004)
One-year % Growth in Number of Employees -22.7 (2004)
Fiscal Year-End December