AT&T Wireless To Buy Indianapolis From SBC - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

AT&T Wireless To Buy Indianapolis From SBC

In a move intended to strengthen both carriers, AT&T Wireless will buy SBC Communications Inc.'s Indianapolis wireless system for a reported $530 million in cash. The deal enables AT&T Wireless to fill a gap in its nationwide wireless coverage and lets SBC proceed with its buyout of Ameritech Corp. SBC must give up certain assets to gain federal approval of its buyout.

The announcement follows AT&T's acquisitions earlier this year ofwireless systems in the San Francisco Bay area, San Diego, and Houston, as well as the Wireless One Network in Florida. AT&T Wireless says the Indianapolis acquisition would add more than 113,000 subscribers initially, with access to a market of more than 3 million. In an ironic twist, company execs couldn't be reached for comment because of a communication system outage Monday.

Observers expect the acquisition to strengthen AT&T's nationwide wireless services by reducing costs and expanding service capabilities. "Where they don't own a network, it costs them to operate," says Jeff Kagan, an independent telecom-industry analyst. "The more of the network you own, the more ubiquitous your data offerings, and the more area you can deliver services to."

The transaction, which would result in about 100 employees joining AT&T Wireless, is expected to close before the end of the year, pending regulatory approval.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
Commentary
Gartner Forecast Sees 7.3% Shrinkage in IT Spending for 2020
Joao-Pierre S. Ruth, Senior Writer,  7/15/2020
Slideshows
10 Ways AI Is Transforming Enterprise Software
Cynthia Harvey, Freelance Journalist, InformationWeek,  7/13/2020
Commentary
IT Career Paths You May Not Have Considered
Lisa Morgan, Freelance Writer,  6/30/2020
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll