The telecommunications giant improved its revenues in 2016 and posted a record $39.3 billion in cash from operations as it invested heavily in the wireless, fiber, and Internet Protocol networks that make up its business. It started the year integrating its 2015 acquisition of DirecTV and ended it by announcing an even larger deal for media stalwart Time Warner. Along the way the company added 6.2 million wireless subscribers in the highly competitive U.S. market and expanded its lucrative business services portfolio. AT&T was founded in 1983 and is based in Dallas.
Looking for leads, investment insights, or competitive intelligence?
News about AT&T
Verizon, AT&T and Comcast get just what they wanted. Everyone else? Not so much.
Trump once labeled net neutrality as a "power grab" by Obama.
AT&T has vowed to defend the deal.
AT&T seems to be more convinced of its case.
Most deals that don't involve direct competitors are ultimately consummated.