Latest AT&T Inc News

AT&T, Walt Disney rise; Twitter, Amazon fall

May. 27, 2020 4:19 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Amazon.com Inc., down $11.47 to $2,410.39. The e-commerce giant is considering buying self-driving car technology company Zoox, according to media reports. AT&T Inc., up $1.03 to $31.85. The telecommunication and media...

FILE - In this Jan. 15, 2020, file photo, EVP of Content Acquisitions for TNT, TBS, truTV, HBO & HBO MAX Michael Quigley, from left, Chief Content Officer, HBO MAX and President, TNT,TBS, & truTV Kevin Reilly and Head of Original Content , HBO MAX Sarah Aubrey appear at the HBO Max Executive Sessions panel during the HBO TCA 2020 Winter Press Tour at the Langham Huntington in Pasadena, Calif. (Photo by Willy Sanjuan/Invision/AP, File)

Too much TV? Enter HBO Max, the latest streaming wannabe

May. 27, 2020 1:50 PM EDT

Is a pandemic the perfect time to launch a new and relatively expensive streaming service? AT&T sure hopes so. The phone company is investing billions in HBO Max, its first big entertainment venture since it spent $85 billion for Time Warner in 2018. The good news for its timing: millions are stuck at home,...

FILE- In this Sept. 26, 2018, file photo visitors stand near a 5G logo at a display the PT Expo in Beijing. AT&T says it will stop advertising its wireless network as “5G Evolution” after an industry group determined it was misleading, as it is not, in fact, 5G. (AP Photo/Mark Schiefelbein, File)

AT&T to drop misleading '5G' marketing for non-5G networks

May. 20, 2020 2:35 PM EDT

AT&T says it will stop advertising its wireless network as “5G Evolution” after a division of the Better Business Bureau determined that its language was misleading. The network AT&T branded this way is not, in fact, 5G — a new technology for fast wireless data. While AT&T and...

FILE - In this March 16, 2015 file photo, hikers stop and take photos along the Grand Canyon National Park's South Kaibab trail. Parks around the country are grappling with how best to expand service while preserving the pristine nature. One of the latest debates is playing out at the Grand Canyon, where park officials are road mapping future telecommunications towers. The handful that exist now are prominent among the park lodging, visitor center and residential area. (AP Photo/Anna Johnson, File)

National parks balancing demands for cell service, silence

Apr. 29, 2020 3:25 PM EDT

PHOENIX (AP) — Musetta Vander has been to several of the most iconic national parks and landscapes in the U.S., capturing herself doing a yoga pose among the Joshua trees, driving on a tree-lined highway framed by Yosemite's towering rock formations and sitting at the edge of a cliff overlooking a...

FILE - In this Feb. 21, 2019 file photo, AT&T Chairman & CEO Randall Stephenson is interviewed by Maria Bartiromo during her

AT&T CEO Randall Stephenson steps down, Stankey to succeed

Apr. 24, 2020 12:17 PM EDT

NEW YORK (AP) — AT&T CEO Randall Stephenson is stepping down after leading the telecommunications giant for 13 years. The Dallas company named John Stankey as chief executive effective July 1. Stankey, 57, has been president and chief operating officer since October 2019. He joined AT&T in 1985. ...

In this Monday, July 29, 2019 photo an AT&T logo sits above an entrance to a building, in Boston. As entertainment companies roll out new streaming services, they're stocking them with the goodies from their own content archives, hoping that the loss of income today will mean more money rolling in from subscribers in the future. In its fourth quarter, AT&T said that bet cost it $1.2 billion in revenue. (AP Photo/Steven Senne)

Virus dings AT&T results, telecom withdraws year guidance

Apr. 22, 2020 11:07 AM EDT

The effects of the coronavirus pandemic hurt AT&T's revenue and profit in the first quarter, and it withdrew its financial guidance for the year. Revenue fell 4.6% to $42.8 billion, with a $600 million impact from the virus thanks to lower wireless equipment sales and a hit to ad sales due to canceled sports...

This image released by HBO shows Emilia Clarke, left, and Kit Harington in a scene from the final episode of

HBO Max set for May 27 launch, initial lineup announced

Apr. 21, 2020 6:17 PM EDT

NEW YORK (AP) — The streaming service HBO Max will launch May 27, AT&T’s WarnerMedia announced Tuesday, signalling that the so-called streaming wars won't subside because of the coronavirus pandemic. WarnerMedia had earlier said HBO Max would debut sometime in May, and it stuck to those plans...

FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York.  Mobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators.(AP Photo/Bebeto Matthews, File)

Sprint and T-Mobile merge, creating new wireless giant

Apr. 1, 2020 4:21 PM EDT

NEW YORK (AP) — Mobile carrier T-Mobile has completed the takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The companies announced the deal, valued at $31.6 billion based on T-Mobile's closing stock price Tuesday, two years ago. It has taken a long...