It plans to use the $2 billion from Frontier Communications to invest in its Project VIP initiative -- a rollout of an all-IP, wireless cloud network.
The big carrier, facing critical challenges to its growth, now envisions bringing its 4G LTE coverage to 300 million people by the end of 2014. The investment will come over three years.
As public comment on an FCC proposal wraps up, a group of 36 Web companies, including Google, Netflix, and Amazon, reiterates opposition to paying ISPs for so-called fast lane access.
The company highlights key points in its well-known position on protecting a free and open Internet. But it also offered suggestions on how to protect consumers.
Chief Financial Officer John Stephens says "the window of opportunity for owning assets is closing," and says AT&T will focus more on the US, including expanding its GigaPower fiber service.
Focusing on bundled services of a combined AT&T/DirecTV and how that entity could be a stronger competitor against big cable is likely the best strategy to win approval.
Acquisition creates a powerhouse for services in the home, allowing AT&T to pair its own wireless network with DirecTV's satellite TV service.
In two separate congressional hearings, AT&T's CEO makes the case for the $48.5 billion proposed merger with DirecTV.
This article used year-earlier figures for the number of iPhone activations, subscriber growth, operating margins, and wireless and wireline revenue.