0
General

AT&T in talks with activist shareholder Elliott about strategic growth options - report

Friday 18 October 2019 | 13:15 CET | News
AT&T is in talks with activist investor Elliott Management about the stakeholders's call for change at the carrier, the Wall Street Journal reported. The two parties are together considering different options, including a strategic review of assets that could be sold or spun off, and how margins could be improved, sources said, adding that board changes could also be on the table. Although sources said an agreement should be reached soon, AT&T has decided to delay the release of its third quarter results in order to give the talks more time. The results will now be reported on 28 October,

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: HBO
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Elliott Management sells stake in AT&T

Published 17 Nov 2020 16:21 CET | United States
Elliott Management has sold its stake in AT&T, Mobile World Live reported, citing a regulatory filing. The activist shareholder ...

Elliott Management takes stake in F5 Networks - report

Published 09 Nov 2020 10:52 CET | World
US investment fund investor Elliott Management has bought a stake in F5 Networks, and has contacted the company's management to ...

AT&T to close down hundreds more shops - union

Published 07 Oct 2020 15:31 CET | United States
AT&T plans to close down 320 company-owned AT&T Mobility retail stores in November and December, affecting 1,600 workers, the ...

Elliott slams 'underperforming' Crown Castle fibre strategy

Published 07 Jul 2020 11:44 CET | United States
Activist investor Elliott Management has followed its criticism of AT&T's management by calling for a review of the strategy ...

AT&T sells 42% stake in Game Show Network to SPE for USD 500 mln

Published 19 Nov 2019 09:39 CET | United States
Sony Pictures Entertainment (SPE) has announced the acquisition of AT&T's minority stake in Game Show Network (GSN) for around ...

AT&T put in charge of US Army's technology modernisation pilot programme

Published 29 Oct 2019 17:13 CET | United States
The US Army chose AT&T to deliver commercial networking and integration services at Camp Roberts, California, as part of a ...

AT&T Mexico revenues down 2% on forex in Q3, improves EBITDA

Published 28 Oct 2019 17:08 CET | Latin America
AT&T Mexico reported revenues of USD 717 million in the third quarter of 2019, down 1.9 percent compared to the year-earlier ...

AT&T announces new financial growth targets to calm shareholder concerns

Published 28 Oct 2019 13:49 CET | United States
AT&T has announced new financial targets for the coming three years, following pressure from shareholders such as Elliott ...

AT&T workers urge carrier to disregard proposal from activist shareholder

Published 02 Oct 2019 11:28 CET | United States
The Communications Workers of America (CWA) is calling on AT&T to not take up proposals from activist Elliott Management. In two ...

AT&T COO says DirecTV not for sale

Published 25 Sep 2019 09:33 CET | United States
AT&T's chief operating officer defended the company's strategy in the media business and said it doesn't plan to sell its pay-TV ...

AT&T exploring strategic options, including sale of DirecTV - report

Published 19 Sep 2019 10:01 CET | United States
AT&T is considering the sale of its DirecTV division, among other strategic options, the Wall Street Journal reported, citing ...

HBO Max buys streaming rights to Big Bang Theory

Published 18 Sep 2019 09:33 CET | United States
AT&T's new streaming service HBO Max announced that it acquired the US streaming rights to all 12 seasons of the hit comedy ...

Elliott Management calls for turnaround plan at AT&T

Published 09 Sep 2019 15:41 CET | United States
The activist investor Elliott Management has launched a call for a strategic rethink at AT&T, saying it has a plan to turnaround ...

HBO Max assembles original content dream team

Published 19 Jul 2019 09:34 CET | United States
AT&T's streaming service HBO Max announced the key creative and business operations and strategy teams responsible for the ...

WarnerMedia names new streaming service HBO Max

Published 10 Jul 2019 08:45 CET | United States
AT&T's WarnerMedia announced the name of its new streaming service will be HBO Max. The new direct-to-consumer subscription ...





Calendar   /   Industry Events

02 Aug SBA Communications Q2
02 Aug NXP Semiconductors Q2
02 Aug Arista Networks Q2
02 Aug Ceragon Networks Q2
02 Aug DSP Group Q2 2021
02 Aug ON Semiconductor Q2
02 Aug DZS Q2
02 Aug Harmonic Q2
03 Aug Infinera Q3 2021
03 Aug NeoPhotonics Q2 2021
03 Aug Bharti Airtel fiscal Q1
03 Aug Echostar Q2 2021
03 Aug Akamai Technologies Q2 2021
03 Aug Alibaba Q2 2021
03 Aug RingCentral Q2 2021
03 Aug Bredband2 Q2 2021
03 Aug Sequans Q2 2021
04 Aug Intred Q2 2021
04 Aug Softbank fiscal Q1
04 Aug Lumen Technologies Q2
04 Aug EA fiscal Q1
04 Aug Viavi Q4
04 Aug 8x8 fiscal Q1
04 Aug Digi International fiscal Q3
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Roku Q2 2021
::: More Calendar Items