BNET Industries
Last Fiscal Year Sales:$43.8B
- Private
- US
Dow Jones Description
Currently AT&T, Inc., formed in 2005 by SBC Communications' purchase of its former parent company, AT&T Corp. As a part of the merger, SBC shed its name and took on the iconic AT&T moniker and the ?T? stock-trading symbol. Despite that the corporation is considered SBC renamed, most of its major subsidiaries were part of AT&T prior to 1984, including the Bell Operating Companies and the long distance division. SBC Communications Inc. was a Fortune 50 company whose subsidiaries, operating under the SBC brand, provided a full range of voice, data, networking, e-business, directory publishing and advertising, and related services to businesses, consumers and other telecommunications providers. SBC held a 60 percent ownership interest in Cingular Wireless, which served more than 50 million wireless customers. SBC companies provided high-speed DSL Internet access lines to more American consumers than any other provider and were among the nation's leading providers of Internet services. SBC companies also offered satellite TV service.
Number of Employees 189,000
Peer Companies
NAICS Code : 517310
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News & Analysis
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directv and sbc communications inc. - All News and Analysis
News lifts on green light for Telepiu.
- 2003-04-04
Apr 03, 2003 (The Sydney Morning Herald - ABIX via COMTEX) Shares in News Corporation gained another three per cent on the Australian Stock Exchange on 3 April 2003. The stock closed $A0.36 higher at $A11.39 as the media group's chairman, Rupert Murdoch, moved...
Murdoch close to $6bn satellite deal.
- 2003-04-02
Apr 02, 2003 (The Australian Financial Review - ABIX via COMTEX) In the competition for control of DirecTV, News Corporation appears to be the only remaining serious bidder. SBC Communications reportedly abandoned its bid for the Hughes Electronics-owned US satellite television provider just prior...
NEWS CORP, SBC COMMUNICATIONS IN RACE TO BUY US-BASED DIRECTV.
- 2003-03-31
SYDNEY, March 31 Asia Pulse - Influential American media analyst Jessica Reif Cohen said a race to win US satellite giant DirecTV now lies between News Corp (ASX:NCP) and telco giant SBC Communications. SYDNEY, March 31 Asia Pulse - Influential American media analyst Jessica...
News may be flying solo in hot pursuit of DirecTV.
- 2003-02-26
Feb 26, 2003 (The Australian - ABIX via COMTEX) A report out of the US claims that News Corporation will make a bid for DirecTV on its own. "The Wall Street Journal" reported in late February 2003 that its largest shareholder, Liberty, is considering ...
SBC Communications shows interest in DirecTV
- 2003-02-24
SBC Communications Shows Interest in DirecTV
Analysts: D.C. oks no big deal.(two opinions on SBC Communications Inc's potential buy of DirecTV Inc.)
- 2003-02-17
WASHINGTON -- SBC Communications Inc.'s potential bid to acquire direct-broadcast satellite provider DirecTV Inc. would have a strong chance of obtaining federal regulatory approval, analysts said here last week. Legg Mason media and telecom WASHINGTON -- SBC...
Telcos and TV don't mix: recent history says Ed Whitacre steers clear of DirecTV.(Editorial)
- 2003-02-17
No. No. No. Not for a New York minute do I believe that SBC Communications will mount a bid for DirecTV. Why? Because nobody knows better than SBC chief Ed Whitacre that the big telephone companies have no business in show business. Ed has been the ...
SBC pursuing DirecTV
- 2003-02-14
SBC Communications is interested in purchasing GM's 30 percent stake in DirecTV, according to a story in The Wall Street Journal. "There's definitely interest by SBC. This is more than a concept that's being floated," an industry official close to the discussions between SBC and Hughes told the Journal. Insiders...
Rival tipped to fight News for Hughes.
- 2003-02-11
Feb 10, 2003 (The Australian Financial Review - ABIX via COMTEX) Indications are intensifying that News Corporation may have a rival bidder for US-based DirecTV. Sources said on 9 February 2003 that US telco, SBC Communications, has had preliminary meetings at high level...
NEWS CORP FACING NEW COMPETITION FOR DIRECTV FROM SBC.
- 2003-02-10
SYDNEY, Feb 10 Asia Pulse - Media mogul Rupert Murdoch's bid to control America's DirecTV might have hit a stumbling block amid reports SBC Communications is in talks to buy the satellite giant's parent. SBC Communications, America's second largest phone company, is in talks to buy Hughes Electronics...
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