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Assistant Attorney General Makan Delrahim filed a lawsuit for the United States Department of Justice Antitrust Division to block the merger with Time Warner, saying it "will harm competition, result in higher bills for consumers and less innovation."[39][40] In order for AT&T to fully acquire Time Warner, the Department of Justice stated that the company must divest either DirecTV or Turner Broadcasting System.[41] As of 2017, AT&T is the world's largest telecommunications company.[42] AT&T is also the largest provider of mobile telephone [43] [44] services and the largest provider of fixed telephone services in the United States. [45] On March 7, 2018, the company prepared to sell a minority stake of DirecTV Latin America through an IPO, creating a new holding company for those assets named Vrio Corp.[46][47] However, on April 18, just a day before the public debut of Vrio, AT&T canceled the IPO due to market conditions.[48][49] On June 12, 2018, AT&T was given permission by U.S. District Court Judge Richard J. Leon to go ahead with its $85 billion deal for Time Warner. The DOJ had attempted to stop the merger fearing it would harm competition.[50] The merger closed two days after, becoming a wholly owned subsidiary and division of AT&T with a new name, WarnerMedia, announced the next day.[51] Three months after completing the acquisition, AT&T reorganized into four main units: Communications, including consumer and business wireline telephony, AT&T Mobility, and consumer entertainment video services; WarnerMedia, including Turner cable television networks, Warner Bros. film and television production, and HBO; AT&T Latin America, consisting of wireless service in Mexico and video in Latin America and the Caribbean under the Vrio brand; and Advertising and Analytics, since renamed Xandr.[52][53] By 2019, AT&T had developed partnerships
with health care providers to develop mobile health-related connectivity devices that aid inpatient care. Key products include a telemetry device that monitors patient metrics, while toggling between WIFI and cellular connectivity.[54] In September 2019, activist investor Elliott Management revealed that it had purchased $3.2 billion of AT&T stock (a 1.2% equity interest), and had pushed for the company to divest assets to improve its share value.[55] On March 4, 2020, AT&T announced its intent to perform major cost-cutting moves, including cuts to capital investment, and plans to promote AT&T TV (which officially launched nationally on March 2) as its primary pay television service offering. AT&T will still primarily promote DirecTV "where cable broadband is not prevalent", and as a specialty option.[56] On April 24, 2020, AT&T announced that effective July 1, 2020, company COO John Stankey will replace Randall Stephenson as CEO of AT&T.[57] It was also acknowledged that AT&T's acquisitions of DirectTV and Time Warner had by this point resulted in a massive debt burden of $200 billion for the company.[57] AT&T Latin America AT&T Latin America, LLC Formerly AT&T International, Inc. (2017-2018) Type Division ISIN US00206R1023 Edit this on Wikidata Industry Telecommunication Predecessor AT&T Corporation Edit this on Wikidata Founded 2017; 3 years ago Headquarters Dallas, Texas, United States[58] Area served Latin America[show] Caribbean[show] Key people Lori Lee (CEO) Products Wireless



Satellite television Revenue Decrease US$7 billion (2018)[59] Total assets 403,820,000,000 US dollar[60] (2016) Edit this on Wikidata Number of employees 273,000[61] (2016) Edit this on Wikidata Parent AT&T Subsidiaries AT&T Mexico Vrio Website www.att.com AT&T Latin America (formerly AT&T International, Inc.) is a wholly owned division of AT&T which operates in Mexico and 11 countries in Latin America and the Caribbean.[62] In 2017, AT&T announced a new AT&T International corporate division housing AT&T Mexico, DirecTV Latin America and their stakes of SKY Brazil and Sky Mexico.[63] In October 2016, AT&T announced a deal to acquire Time Warner worth $85.4 billion (including assumed Time Warner debt). The proposed deal would give AT&T significant holdings in the media industry; AT&T's competitor Comcast had previously acquired NBCUniversal in a similar bid to increase its media holdings, in concert with its ownership of television and internet providers. If approved by federal regulators, the merger would bring Time Warner's properties under the same umbrella as AT&T's telecommunication holdings, including satellite provider DirecTV.[64][65] [66] By the end of July, the company announced that, effective August 1, a new structure was created before the acquisition would close September 15, 2017, Reuters reported, citing anonymous sources, that AT&T, the owner of DIRECTV's U.S. and Latin American divisions, had hired an advisor to consider offering AT&T Latin America on the public stock market. In November 2017, the U.S. Justice Department said it was moving to sue to block the AT&T-Time Warner merger.[67] On November 20, 2017, the Department of Justice filed an antitrust lawsuit over the acquisition; Makan Delrahim stated that the deal would "greatly harm American consumers". AT&T asserts that this suit is a "radical and inexplicable departure from decades of antitrust precedent".[68] On December 22, 2017, the merger agreement deadline was extended to June 21, 2018.[69] On April 19, 2018, the IPO was cancelled. On June 12, 2018, the AT&T-Time Warner merger was approved by a federal judge.[70] Two days later, AT&T completed the acquisition of Time Warner, and a day later the company was renamed WarnerMedia. On September 21, 2018, AT&T reclassified it four principal divisions which include AT&T International which now have some assets moved out like the RSNs, and also merging Consumer Mobility, Technology, and Business Mobility and renamed the company as AT&T Latin America.[52] Landline operating companies Of the eight companies that were part of the Breakup of the Bell System, these five are a part of the current AT&T:[71] Ameritech, acquired by SBC in 1999 AT&T Corp., acquired by SBC in 2005 BellSouth, acquired by AT&T in 2006 Pacific Telesis, acquired by SBC in 1997 Southwestern Bell, rebranded as SBC Communications in 1995 Chart of AT&T Baby Bells AT&T Corporation RBOCs grouped into "Baby Bells" split off in 1984 BellSouth AT&T Corp. (non-LEC) Ameritech Pacific Telesis Southwestern Bell Corp. (later SBC Communications) Bell Atlantic NYNEX US West GTE Corporation (non-RBOC ILEC) Qwest (non-ILEC) Verizon AT&T Inc. (former SBC) CenturyLink (non-RBOC ILEC) AT&T Inc. Verizon CenturyLink Former operating companies The following companies have become defunct or were sold under SBC/AT&T ownership: Southern New England Telephone: sold to Frontier Communications in 2014[72] Woodbury Telephone: merged into Southern New England Telephone on June 1, 2007.[73] Decline of rural landlines Of the Baby Bells, Ameritech sold some of its Wisconsin landlines to CenturyTel, in 1998; BellSouth sold some of its lines to MebTel, during the 2000s; U S WEST sold many historically Bell landlines to Lynch Communications and Pacific Telecom, in the 1990s; Verizon sold many of its New England lines to FairPoint, in 2008, and its West Virginia operations to Frontier Communications, in 2010. On October 25, 2014, Frontier Communications took over control of the AT&T landline network in Connecticut after being approved by state utility regulators. The deal was worth about $2 billion, and included Frontier inheriting about 2,500 of AT&T's employees and many of AT&T's buildings.[74] Corporate structure AT&T office in San Antonio, Texas Facilities and regions [icon] This section needs expansion. You can help by adding to it. (November 2016) The company is headquartered at Whitacre Tower in downtown Dallas, Texas.[5] On June 27, 2008, AT&T announced that it would move its corporate headquarters from downtown San Antonio to One AT&T Plaza in downtown Dallas.[5][75] The company said that it moved to gain better access to its customers and operations throughout the world, and to the key technology partners, suppliers, innovation and human resources needed as it continues to grow, domestically and internationally.[76] AT&T Inc. previously relocated its corporate headquarters to San Antonio from St. Louis, Missouri, in 1992, when it was then named Southwestern Bell Corporation. The company's Telecom Operations group, which serves residential and regional business customers in 22 U.S. states, remains in San Antonio.[citation needed] Atlanta, Georgia, continues to be the headquarters for AT&T Mobility, with significant offices in Redmond, Washington, the former home of AT&T Wireless. Bedminster, New Jersey, is the headquarters for the company's Global Business Services group and AT&T Labs and is where the original AT&T Corp. remains located. St. Louis continues as home to the company's Directory operations, AT&T Advertising Solutions.[77] As announced by its predecessor Time Warner in 2013, WarnerMedia, an AT&T subsidiary acquired in 2016, is headquartered in the 30 Hudson Yards tower, located in New York City.[78] AT&T offers also services in many locations throughout the Asia Pacific; its regional headquarters is located in Hong Kong.[79] The company is also active in Mexico, and on November 7, 2014, it was announced that Mexican carrier Iusacell would be acquired by AT&T.[17] The acquisition was approved in January 2015.[citation needed][80][81] On April 30, 2015, AT&T acquired wireless operations Nextel Mexico from NII Holdings (now AT&T Mexico).[82] Corporate governance CEO Randall L. Stephenson at the 2008 World Economic Forum See also: Category:AT&T people AT&T's current board of directors as of May 2020:[83] Randall L. Stephenson – chairman Matthew K. Rose Samuel A. DiPiazza, Jr. Richard W. Fisher Scott T. Ford Glenn H. Hutchins William E. Kennard Debra L. Lee Stephen J. Luczo Michael B. McCallister Beth E. Mooney Cynthia B. Taylor Geoffrey Y. Yang[83] The current management as of May 2020 includes:[84] Randall L. Stephenson – chief executive officer (CEO) Ed Gillespie – senior executive vice president of external and legislative affairs David S. Huntley – senior executive vice president and chief compliance officer Jason Kilar – chief executive officer of WarnerMedia Lori Lee – chief executive officer of AT&T Latin America and global marketing officer David R. McAtee II – senior executive vice president and general counsel Angela Santone – senior executive vice president of human resources John Stankey – president and chief operating officer of AT&T Inc. John J. Stephens – senior executive vice president and chief financial officer (CFO) Political involvement Ambox current red.svg This section needs to be updated. Please update this article to reflect recent events or newly available information. (June 2018) According to the Center for Responsive Politics, AT&T was the fourteenth-largest donor to United States federal political campaigns and committees from 1989 to 2019,[85] having contributed more than US$84.1 million, 58% of which went to Republicans and 42% of which went to Democrats. As an example, in 2005, AT&T was among 53 entities that contributed the maximum of $250,000 to the second inauguration of President George W. Bush.[86][87][88] Bill Leahy, representing AT&T, sits on the Private Enterprise Board of the American Legislative Exchange Council (ALEC).[89] ALEC is a nonprofit organization of conservative state legislators and private sector representatives that drafts and shares model state-level legislation for distribution among state governments in the United States.[90][91][92] During the period of 1998 to 2019, the company expended US$380.1 million on lobbying in the United States.[93] A key political issue for AT&T has been the question of which businesses win the right to profit by providing broadband internet access in the United States.[94] The company has also lobbied in support of several federal bills. AT&T supported the Federal Communications Commission Process Reform Act of 2013 (H.R. 3675; 113th Congress), a bill that would make a number of changes to procedures that the U.S. Federal Communications Commission (FCC) follows in its rulemaking processes.[95] The FCC would have to act in a more transparent way as a result of this bill, forced to accept public input about regulations.[96] AT&T's Executive Vice President of Federal Relations, Tim McKone, said that the bill's "much needed institutional reforms will help arm the agency with the tools to keep pace with the Internet speed of today's marketplace. It will also ensure that outmoded regulatory practices for today's competitive marketplace are properly placed in the dustbin of history."[97] In May 2018, reports emerged that AT&T made 12 monthly payments between January and December 2017 to Essential Consultants, a company set up by President Donald Trump's lawyer Michael Cohen, totaling $600,000.[98] Although initial reports on May 8 mentioned only four monthly payments totaling $200,000,[99] documents obtained by the Washington Post on May 10 confirmed the figure of 12 payments, which had begun three days after the President was sworn into office.[100][101] AT&T confirmed the report the same day.[102] The report from the Washington Post, as well as additional reporting from Bloomberg, revealed the payments had been made for Cohen to "provide guidance" relating to the attempted $85 billion merger with Time Warner,[100][101] to gain information on the Trump administration's planned tax reforms, as well as about potential changes to net neutrality policies under the new FCC.[103] However, Chairman of the FCC Ajit Pai denied Cohen ever inquired about net neutrality on AT&T's behalf.[102][104] A spokesperson for AT&T said that the company had been contacted by the Special Counsel investigation led by Robert Mueller regarding the payments, and had provided all the information requested in November and December 2017.[105][106] In early 2019, the Democratic House Judiciary requested records related to the AT&T-Time Warner merger from the White House.[107] Historical financial performance The financial performance of the company is reported to shareholders on an annual basis and a matter of public record. Where performance has been restated, the most recent statement of performance from an annual report is used.[108][109][110][111][112][113][114] Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Revenues (billion USD) 45.38 42.82 40.50 40.79 43.86 63.06 118.9 124.0 122.5 124.8 126.7 127.4 128.8 132.4 146.8 163.8 160.5 170.8 181.2 Net Income (billion USD) 7.008 5.653 8.505 5.887 4.768 7.356 11.95 12.87 12.12 19.09 3.944 7.264 18.25 6.224 13.69 13.33 29.85 19.37 13.90 Assets (billion USD) 96.42 95.17 102.0 110.3 145.6 270.6 275.6 265.2 268.3 268.5 270.3 272.3 277.8 292.8 402.7 403.8 444.1 531.9 551.7 Number of employees (thousands) 193.4 175.0 168.0 162.7 190.0 304.2 309.1 302.7 282.7 266.6 256.4 241.8 243.4 243.6 281.5 268.5 254.0 268.2 247.8 Criticism and controversies Hemisphere database Main article: Hemisphere Project The company maintains a database of call detail records of all telephone calls that have passed through its network since 1987. AT&T employees work at High Intensity Drug Trafficking Area offices (operated by the Office of National Drug Control Policy) in Los Angeles, Atlanta, and Houston so data can be quickly turned over to law enforcement agencies. Records are requested via an administrative subpoena, without the involvement of a court or grand jury. Censorship In September 2007, AT&T changed its legal policy to state that "AT&T may immediately terminate or suspend all or a portion of your Service,[115] any Member ID, electronic mail address, IP address, Universal Resource Locator or domain name used by you, without notice for conduct that AT&T believes ... (c) tends to damage the name or reputation of AT&T, or its parents, affiliates and subsidiaries."[116] By October 10, 2007, AT&T had altered the terms and conditions for its Internet service to explicitly support freedom of expression by its subscribers, after an outcry claiming the company had given itself the right to censor its subscribers' transmissions.[117] Section 5.1 of AT&T's new terms of service now reads "AT&T respects freedom of expression and believes it is a foundation of our free society to express differing points of view. AT&T will not terminate, disconnect or suspend service because of the views you or we express on public policy matters, political issues or political campaigns."[118] Privacy controversy Diagram of how alleged wiretapping worked. From EFF court filings[119] Further information: NSA call database, Mark Klein, NSA warrantless surveillance controversy, and Hepting v. AT&T In 2006, the Electronic Frontier Foundation lodged the class action lawsuit Hepting v. AT&T, which alleged that AT&T had allowed agents of the National Security Agency (NSA) to monitor phone and Internet communications of AT&T customers without warrants. If true, this would violate the Foreign Intelligence Surveillance Act of 1978 and the First and Fourth Amendments of the U.S. Constitution. AT&T has yet to confirm or deny that monitoring by the NSA is occurring. In April 2006, retired former AT&T technician Mark Klein lodged an affidavit supporting this allegation.[120][121] The Department of Justice has stated it will intervene in this lawsuit by means of State Secrets Privilege.[122] In July 2006, the United States District Court for the Northern District of California – in which the suit was filed – rejected a federal government motion to dismiss the case. The motion to dismiss, which invoked the State Secrets Privilege, had argued that any court review of the alleged partnership between the federal government and AT&T would harm national security. The case was immediately appealed to the Ninth Circuit. It was dismissed on June 3, 2009, citing retroactive legislation in the Foreign Intelligence Surveillance Act.[citation needed] [123] In May 2006, USA Today reported that all international and domestic calling records had been handed over to the National Security Agency by AT&T, Verizon, SBC, and BellSouth for the purpose of creating a massive calling database.[124] The portions of the new AT&T that had been part of SBC Communications before November 18, 2005, were not mentioned. On June 21, 2006, the San Francisco Chronicle reported that AT&T had rewritten rules on its privacy policy. The policy, which took effect June 23, 2006, says that "AT&T – not customers – owns customers' confidential info and can use it 'to protect its legitimate business interests, safeguard others, or respond to legal process.'"[125] On August 22, 2007, National Intelligence Director Mike McConnell confirmed that AT&T was one of the telecommunications companies that assisted with the government's warrantless wire-tapping program on calls between foreign and domestic sources.[126] On November 8, 2007, Mark Klein, a former AT&T technician, told Keith Olbermann of MSNBC that all Internet traffic passing over AT&T lines was copied into a locked room at the company's San Francisco office – to which only employees with National Security Agency clearance had access.[127] AT&T keeps for five to seven years a record of who text messages whom and the date and time, but not the content of the messages.[128] AT&T has a one star privacy rating from the Electronic Frontier Foundation.[129] Intellectual property filtering In January 2008, the company reported plans to begin filtering all Internet traffic which passes through its network for intellectual property violations.[130] Commentators in the media have speculated that if this plan is implemented, it would lead to a mass exodus of subscribers leaving AT&T,[131] although this is misleading as Internet traffic may go through the company's network anyway.[130] Internet freedom proponents used these developments as justification for government-mandated network neutrality. Discrimination against local Public-access television channels AT&T has been accused by community media groups of discriminating against local Public, educational, and government access (PEG) cable TV channels, by "impictions that will severely restrict the audience".[132] According to Barbara Popovic, Executive Director of the Chicago public-access service CAN-TV, the new AT&T U-verse system forced all Public-access television into a special menu system, denying normal functionality such as channel numbers, access to the standard program guide, and DVR recording.[132] The Ratepayer Advocates division of the California Public Utilities Commission reported: "Instead of putting the stations on individual channels, AT&T has bundled community stations into a generic channel that can only be navigated through a complex and lengthy process."[132] Sue Buske (president of telecommunications consulting firm the Buske Group and a former head of the National Federation of Local Cable Programmers/Alliance for Community Media) argue that this is "an overall attack [...] on public access across the [United States], the place in the dial around cities and communities


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