Consult Red, the technology R&D firm, has announced it is becoming an employee-owned company. Consult Red works with the likes of Liberty Global, Comcast and AT&T to develop cutting-edge in-home entertainment technology and other connected secure IoT products. The Directors of Consult Red are transferring shares of the £18 million turnover business to an Employee-owned […]
AT&T and Discovery have confirmed an agreement to combine WarnerMedia’s entertainment, sports and news assets with Discovery’s nonfiction and international entertainment and sports businesses to create a standalone global streaming entertainment company. Under the deal AT&T will receive $43 billion [€35.45bn] (subject to adjustment) in a combination of cash, debt securities, and will own 71 […]
This blog replaces one about BT trying to sell its expensively fashioned TV assets. AT&T is also bailing from TV, and its entanglement with entertainment makes BT’s foray look cheap and well-managed. While AT&T keeps a big stake, the maths isn’t appetising from their stockholder’s point of view. The new company has a proforma enterprise […]
Jennifer Witz, pay-radio broadcaster SiriusXM’s CEO, told analysts that the business was the most profitable audio company in the world, and that SiriusXM had achieved record low Q1 churn (of 1.6 percent) and helping revenue growth of 5 per cent and EBITDA up 7 per cent. “This was the highest single quarter EBITDA figure in […]
Xandr, AT&T’s data-enabled technology platform, has shared results of premium video and connected TV (CTV) spend on its platform for Q1 2021, which saw significant increases. Product advancements across video and CTV buying and selling spurred the significant growth, as well as tools and partnerships in support of the bespoke needs of marketers across verticals […]
Nokia has signed a five-year deal with AT&T to deploy the mobile operator’s C-Band network in parts of the US. The first phase of the C-Band auction opened up 280 MHz of spectrum with 100 MHz of spectrum available for 5G deployments by the end of this year. Nokia’s C-Band portfolio includes support for both […]
Xandr, AT&T’s advanced advertising company and Beemray, the future forward data platform that delivers the competitive edge with Signals and AI, has today announced the next evolution of their partnership. Beemray will be using Xandr’s latest addition to its platform Xandr Curate, to bring brand safe contextual targeting, optimisation and analytics solutions at the maximum […]
The top 10 service providers in the US that provide figures collectively lost 1,265,100 television subscribers in the fourth quarter of 2020, according to the informitv Multiscreen Index. They lost 5.98 million television
Trade body the 25GS-PON MSA Group, which brings together major operators along with leading system and component vendors to promote and accelerate the development and deployment of 25 Gigabit Symmetrical Passive Optical Network (25GS-PON) technology, has added seven new member companies including AT&T, CommScope, Cortina Access, Feneck, HiLight Semiconductor, Hisense Broadband and Semtech. These companies, […]
As expected, AT&T is to sell off a slice of DirecTV to TPG and spin off the company to a new business. Private equity firm TPG will then own 30 per cent of the new entity with AT&T holding on to the balance. The deal is expected to close in the second half of this […]