Subject: General Tech | February 18, 2015 - 01:06 PM | Jeremy Hellstrom
Tagged: irony, Privacy, google, gigabit broadband, AT&T
Kansas City got Google Fiber back in 2012 and not surprisingly a lot of users jumped to this ~$70 service from their current ISPs the moment they could. Two of the incumbent ISPs suddenly came to the realization that there was demand for broadband at this speed and turned on some of their already laid and configured fiber connection so they could start to offer actual broadband and now several years later AT&T discovered that they would need to do the same to be able to attract customers in that market. The fiber has lain dormant for quite some time as most ISPs have argued that there was no demand for that level of connectivity; at least until Google offered it and customers left them in droves proving that the demand had always been there.
From The Register we hear that AT&T now offers $70 for a1Gbps connection, an additional $50 will get you TV and you can even bundle home service into the deal if you wish. For an additional $29 per month AT&T also offers not to log everything you do on the web over their connection, something which Google does not offer. This makes for an interesting discussion as most surfers no longer blink at Google the search engine tracking what they do online, but what about Google the ISP; does that create a different gut reaction? Then again considering AT&T's loose definition of unlimited, what do they mean by privacy or even gigabit for that matter?
"We've moved quickly to bring more competition to the Kansas City area for blazing-fast Internet speeds and best-in-class television service," said John Sondag, president of AT&T Missouri, without apparent irony."
Here is some more Tech News from around the web:
- The TR Podcast 170: What the kids put in their PCIe slots these days
- Collaboration Summit Keynotes Will Stream Live on Wednesday, Feb. 18 @ Linux.com
- Qualcomm, ARM: We thought we had such HOT MODELS... @ The Register
- Lenovo is building ARM-based servers to improve energy efficiency @ The Inquirer
Subject: General Tech | May 19, 2014 - 04:02 PM | Scott Michaud
Tagged: direcTV, att, AT&T
That silly AT&T is now acquiring companies other than the ones they shed off during the 1974 antitrust lawsuit. This time, it intends to acquire DirecTV in a deal valued at $48.5 billion USD, in stock. All said and done, the total transaction is valued at $67.1 billion. Currently, DirecTV sits at a market cap of 42.77 billion USD and the stock is trading in the range of 84 to 85 dollars per share. In this deal, shareholders will receive $95 per share, about 30% in cash and 70% in AT&T stock.
Owning the globe... trademark.
The deal also claims to have several benefits for consumers. AT&T pledges to add 15 million customer locations, mostly rural, with fiber and wireless local loop (microwave). They also pledge to follow FCC's Open Internet Order from 2010, for at least three years after closing.
Three years of Net Neutrality, fun.
Seriously, none of that has anything to do with DirecTV and it should be enforced, anyway. It is nice that Net Neutrality has become a buzz word, mostly in terms of people becoming aware to it, but an action would be significantly more helpful. Remember that we, at PC Perspective, host our own video streaming service for our podcasts and live events. We rely on our traffic reaching our audience.
But, of course, none of that has anything to do with DirecTV either. It is possible that they could give concessions to help the acquisition go through and, honestly, I am not too against this purchase, if viewed in isolation. Let's just hope that, like their split-up compromise, they don't immediately start undoing it when they think no-one's watching.
Subject: Editorial, General Tech | July 13, 2013 - 07:24 PM | Tim Verry
Tagged: wireless, spectrum, leap wireless, cricket, AT&T, acquisition, 4g lte
AT&T Plans To Acquire Leap Wireless (Cricket)
In a counter move to the SoftBank-Sprint-Clearwire merger, AT&T has announced its intentions to buy out Leap Wireless and its Cricket pre-paid cell service brand. AT&T will pay as much as $15 per share, which amounts to a bit under $1.19 billion (79.05 million outstanding shares at $15 per share). Before the announcement, Leap Wireless was trading at less than $8, so the bid is fairly generous. So far, approximately 30% of shareholders have voted to accept the buyout offer.
In the buyout deal, AT&T will acquire Leap Wireless, its Cricket brand in the US, licenses, spectrum, Cricket brand, 3,400 employees, and its retail locations. Cricket currently has a 3G CDMA network and is rolling out a 4G network. The company has about 5 million subscribers. AT&T will get to add a bit more spectrum to its portfolio in the PCS and AWS bands. This spectrum held by Leap Wireless is reportedly complementary to AT&T’s existing licenses.
Interestingly Leap Wireless is not doing very well, and has about $2.8 billion in net debt, and its Cricket service is loosing subscribers. AT&T would also have to assume that debt. Cricket offers up unlimited plans that include unlimited voice calls, texting, and data. AT&T has stated that it would assume control of and maintain the Cricket brand. It will continue to offer service to existing Cricket customers and would also offer up its own 4G LTE network for use by Cricket pre-paid plans (phone hardware permitting). AT&T stated in a press release that it intends to use the Leap Wireless acquisition to “jump start AT&T’s expansion into the highly competitive prepaid segment.”
The buyout deal will need to be approved by Leap Wireless as well as by the US Department of Justice and FCC. If it successfully passes through the various regulatory bodies, AT&T expects the deal to close within the next six to nine months.
Personally, I have my doubts that AT&T will continue to maintain the Cricket service as is, especially when it comes to unlimited data. As far as its pre-paid expansion, it at least tried to go down this path before with its line of Go phones. I believe that this deal is mostly about padding out AT&T’s spectrum portfolio in a bid to head off Sprint, and maintain its position against T-Mobile and Verizon. The MVNO and pre-paid market is certainly growing and AT&T is going to want a piece of that market, but I also think that the last thing AT&T wants to do is cannibalize its own contract offerings by offering up a similar pre-paid service with unlimited everything for half the price. Sure, AT&T will take it versus getting nothing, but the company is going to have a hard time balancing both offerings in a way that does not negatively effect one or both of its pre-paid and post paid services.
What do you think about the deal, is this a good thing for Cricket customers? Is AT&T serious about wanting to jump into the pre-paid market?