Friday 29th of March 2024

AT&T, telstra, NBN, anyone?

 

Attt

WASHINGTON — The Justice Department sued to block AT&T’s $85.4 billion bid for Time Warner on Monday, setting up a showdown over the first blockbuster acquisition to be considered by the Trump administration and drawing limits on corporate power in the fast-evolving media landscape.

By challenging the deal, the Justice Department is taking an approach to antitrust issues that is starkly different from the Obama administration’s. In 2011, for instance, the department approved a similar deal — Comcast’s acquisition of NBCUniversal — after imposing numerous conditions on the transaction.

If AT&T’s bid for Time Warner were to go through, the merger would create a media and telecommunications behemoth. By itself, AT&T is one of the nation’s largest internet and telephone providers. With its 2015 acquisition of DirecTV, the country’s largest satellite company, it also became the largest television distributor in the United States.

The combined company would have an unrivaled ability to reach consumers through news and entertainment programming. Among Time Warner’s properties are HBO, the home to “Game of Thrones”; Warner Bros., the studio behind blockbusters like “Wonder Woman” and the Harry Potter film series; and Turner Broadcasting, which includes the news channel CNN and the sports-heavy TNT network.

read more:

https://www.nytimes.com/2017/11/20/business/dealbook/att-time-warner-merger.html

Image at top from MAD Magazine (283) 1988....

 

epilogue...

atttt

The poem in this Saga of AT&T (MAD Magazine) is bases on one from Edgar Allan Poe...

Artist: Jack Davis ; Writer: Frank Jacobs

the original poem by edgar allan poe...

Annabel Lee

BY EDGAR ALLAN POE

It was many and many a year ago, 

   In a kingdom by the sea, 

That a maiden there lived whom you may know 

   By the name of Annabel Lee; 

And this maiden she lived with no other thought 

   Than to love and be loved by me. 


I was a child and she was a child, 

   In this kingdom by the sea, 

But we loved with a love that was more than love— 

   I and my Annabel Lee— 

With a love that the wingèd seraphs of Heaven 

   Coveted her and me.


And this was the reason that, long ago, 

   In this kingdom by the sea, 

A wind blew out of a cloud, chilling 

   My beautiful Annabel Lee; 

So that her highborn kinsmen came 

   And bore her away from me, 

To shut her up in a sepulchre 

   In this kingdom by the sea. 


The angels, not half so happy in Heaven, 

   Went envying her and me— 

Yes!—that was the reason (as all men know, 

   In this kingdom by the sea) 

That the wind came out of the cloud by night, 

   Chilling and killing my Annabel Lee. 


But our love it was stronger by far than the love 

   Of those who were older than we— 

   Of many far wiser than we— 

And neither the angels in Heaven above 

   Nor the demons down under the sea 

Can ever dissever my soul from the soul 

   Of the beautiful Annabel Lee; 


For the moon never beams, without bringing me dreams 

   Of the beautiful Annabel Lee; 

And the stars never rise, but I feel the bright eyes 

   Of the beautiful Annabel Lee; 

And so, all the night-tide, I lie down by the side 

   Of my darling—my darling—my life and my bride, 

   In her sepulchre there by the sea— 

   In her tomb by the sounding sea.

 

 

Edgar Allan Poe was an American writer, editor, and literary critic. Poe is best known for his poetry and short stories, particularly his tales of mystery and the macabre. Wikipedia

welcome to "regional" unemployment...

 

 

An estimated 1400 American workers have been kicked to the curb just days before Christmas, courtesy of employer AT&T and a new corporate tax break signed by US President Donald Trump.

Broadband installers formerly employed by AT&T reported that they received termination notices just days before Christmas, despite earlier promises by the telecommunications giant that current corporate policy was centered around "creating jobs," according to the New York Post.

 

Reports indicate that the AT&T firings are primarily the result of new US legislation that significantly limits laws surrounding the neutrality of the internet, as well as newly-signed legislation by the Trump administration ushering in a lower corporate tax rate.

The layoffs are also seen to be a result of a shift in services by AT&T, away from traditional TV to focus on increasingly popular streaming video delivery tools and formats.

The unwelcome pre-holiday firings arrive in spite of AT&T's numerous assertions that it would increase its workforce in the wake of the new Trump tax plan — a fiscal system in which large US-based multinational corporations will receive significant tax breaks — according to Dslreports.com.

According to an AT&T public outreach statement, the company "adjusts our workforce based on changing market dynamics, which vary from region to region."

read more...:

https://sputniknews.com/science/201712241060274729-ATT-pre-christmas-lay...

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