Last $35.13 USD
Change Today +0.31 / 0.89%
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As of 8:04 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

at&t inc (T) Key Developments

AT&T Expands Mobile Internet Coverage At Reser Stadium, Oregon

AT&T announced the expansion of its mobile Internet coverage at Reser Stadium, Oregon, by completing the installation of a new Distributed Antenna System (DAS) to enhance customers cellular experience throughout the facility. This enhancement is a part of AT&T's continuing network investment to support growing demand for advanced wireless devices and services. The Reser Stadium DAS is a part of AT&T's Project Velocity IP (VIP), a multi-year plan to invest for growth, announced in 2012.

AT&T Upgrades Network in Ohio

AT&T has upgraded its network in Ohio, launching faster service for Alltel customers. AT&T announced that more than 50,000 former Alltel wireless customers in Ohio (Allen, Ashland, Auglaize, Coshocton, Crawford, Erie, Hancock, Hardin, Holmes, Huron, Knox, Licking, Marion, Morrow, Putnam, Richland, Sandusky, Seneca, Van Wert, Wayne and Wyandot counties) are seeing a change as AT&T launches service for them. AT&T acquired Alltel's wireless operations in September 2013. The transaction included subscribers, spectrum and retail and network assets. Since then, AT&T has been hard at work upgrading the network to combine the strength of Alltel's local coverage with AT&T's 4G LTE network. With the upgrades, existing AT&T cell towers can now provide enhanced indoor coverage and cover a wider area from each cell tower. In addition, the integration of former Alltel towers into the upgraded network has increased AT&T's cell towers in these areas of Ohio by nearly 40 percent.

AT&T to Pay $23.8 million Settlement over Environmental Violations

AT&T to pay $23.8 million to settle a civil lawsuit over environmental violations. The lawsuit, brought by Alameda County, alleged that AT&T illegally disposed of hazardous electronics waste at 235 facilities in the state over a period of nine years. The settlement also requires AT&T to implement environmental compliance measures over the next five years, at an estimated cost of $28 million.

VOXX Electronics Corporation and AT&T Sign International Data Agreement

VOXX International Corporation announced that its wholly owned subsidiary, VOXX Electronics Corporation and AT&T have signed an agreement to offer wireless data service to VOXX international Telematics users on a global basis. VOXX currently promotes and sells the Car Connection product line and services in the United States. With this agreement, VOXX Electronics is able to provide service to their Car Connection Telematics customers internationally. Additionally, VOXX Electronics and AT&T also reached agreement on a new LTE 4G data plan program for the U.S.

AT&T And Cisco Announce Cloud-Based Conferencing for Connected Devices

AT&T will offer a new service that lets customers quickly activate a conference with voice, video and content sharing using almost any connected device--including smartphones, tablets and desktop computers. The new AT&T service utilizes Cisco(R) Collaboration Meeting Rooms (CMR) Cloud, a video collaboration service that couples WebEx(R) Personal Rooms with the cloud-based WebEx Video Bridge into one, instantly-available meeting experience accessible from virtually any video device. AT&T Conferencing with Cisco CMR Cloud lets customers easily mobilize their business with flexible cloud-based solutions that integrate video, audio and web conferencing capabilities into one. Whether users are in the office or on-the-go, the offering allows them to participate in virtual meetings, share content, and be more productive - all with the push of a button. AT&T Conferencing with Cisco Collaboration Meeting Rooms (CMR) Cloud is expected to be available in December 2014.

 

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Price/Earnings 10.7x
Price/Sales 1.4x
Price/Book 1.9x
Price/Cash Flow 5.1x
TEV/Sales 0.8x
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