AT&T


HBO Max to expand to Latin America

HBO Max is set to expand into Latin America after the streamer’s parent AT&T-owned WarnerMedia agreed a deal to take full control of HBO Ole Partners. WarnerMedia will acquire Ole’s minority stake in HBO Ole Partners, the joint venture set up in 1991 between WarnerMedia and Ole Communications, which will hand it 100% ownership of […]

DirecTV not for sale, says Warner CEO

WarnerMedia CEO John Stankey has refuted claims that the company is looking to sell DirecTV. Speaking to the Wall Street Journal, the CEO said that DirecTV “is an important part of what we’re going to be doing going forward”, following a report from the paper that AT&T was considering either spinning DirecTV off as its […]

Elliott invests US$3.2bn in AT&T, slams DirecTV investment and WarnerMedia strategy

Activist investor Elliott Management’s funds have invested US$3.2 billion in AT&T and called for a radical overhaul of the US telco in the interests of “value creation”, including a potential sale of DirecTV. Elliott currently said that the US telco was underperforming the S&P 500 index by over 100 percentage points at a time when […]

WarnerMedia chief Stankey becomes AT&T COO

WarnerMedia CEO John Stankey has been appointed president and COO of HBO parent group AT&T. The role – which will begin in October – sets up the long-time AT&T exec as the successor to chairman and CEO Randall Stephenson, whom he now reports into. Stankey first joined AT&T in 1985 and has worked across all areas, […]

AT&T begins beta rollout of new TV service

US telco AT&T has rolled out beta launches of its new streaming TV offering, AT&T TV, in 10 cites across the US, with a national rollout expected at the end of this year. The new service, which includes live channels and is intended as a mainstream pay TV offering, is priced between US$60 and US$80 […]

US carriers are consistently throttling popular video apps

Throttling of video streaming by US wireless carriers is “pervasive”, claims a new study.  The new research from Northeastern University and the University of Massachusetts found that AT&T throttles YouTube 74% and Netflix 70% of the time. Interestingly, Prime Video was not slowed by AT&T, but it was throttled by T-Mobile US 51% of the […]

All-time high US cord cutting ‘freaking ugly’, claims MoffettNathanson

Cord cutting in the US is expected to reach an all-time high of 5.5% in Q2. According to equity research company MoffettNathanson, the figure is predicted to be reached once all Q2 reports are rendered.  AT&T, Comcast and Charter Communications, three major US telcos that have already released their quarterly results, have lost a combined […]

AT&T chief promises live sport and news for HBO Max

HBO Max, WarnerMedia’s new subscription video-on-demand service to be launched next spring, will ultimately include live content including premium sports and news, according to AT&T chief executive Randall Stephenson. Speaking on AT&T’s latest quarterly earnings call, Stephenson said that “unique live premium sports” including NBA, Major Leaghe Baseballand NCAA Basketball would be “really important elements […]