ATT
New York (AFP) - Telecom giants AT&T and Verizon agreed to push back deployment of a new 5G frequency band to allow time to address air safety concerns, US regulators said Thursday. The two companies will "voluntarily pause" the commercial rollout "to further assess any impact on aviation safety technologies," the Federal Aviation Administration and the Federal Communications Commission said in a joint statement. The two companies had planned to begin using the 5G network on December 5, after spending tens of billions of dollars to purchase licenses. But aviation regulators have worried about ...
AFP
Washington (AFP) - AT&T said Monday it was spinning off its WarnerMedia unit and combining it with Discovery, creating an independent firm that could take on industry leaders such as Netflix in the fast-growing streaming sector. The deal, which signals the telecom giant's retreat from ambitions to be a player in the entertainment world, carves out the AT&T division which includes HBO, Warner Bros studios and CNN. AT&T will receive $43 billion and AT&T's shareholders will own 71 percent of the new company, with Discovery -- which operates Discovery Channel, Food Network, Animal Planet and other...
AFP
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