AT&T Mergers and Acquisitions Summary

Communications Company

AT&T has acquired 50 companies, including 10 in the last 5 years. A total of 27 acquisitions came from private equity firms. It has also divested 15 assets.

AT&T’s largest acquisition to date was in 2016, when it acquired Time Warner for $108.7B. It’s largest disclosed sale occurred in 2013, when it sold AT&T Wireline Broadband and Video Operations to Frontier Communications for $2.0B. AT&T has acquired in 13 different US states, and 3 countries. The Company’s most targeted sectors include communications (50%) and information technology (14%).

Join Mergr and gain access to AT&T’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

M&A Summary

  • M&A Total Activity51
    • M&A Buy Activity36
    • M&A Sell Activity15
  • Total Sectors Invested 7
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 37
  • M&A Advisors 5

AT&T, Inc.

208 South Akard Street,
Dallas, Texas 75202
United States,
(210) 821-4105
www.att.com

AT&T, Inc. is a provider of telecommunications services in the United States and the world. AT&T offers services and products to consumers in the US and services and products to businesses and other providers of telecommunications services worldwide. AT&T's services and products include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking, and wholesale services. AT&T was formed in 1983 and is based in Dallas, Texas.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (1.4/yr) # 29 3 1 3 - - 36
vol $76.9B $108.7B $185.6B
Sell (0.6/yr) # 12 - - - 2 1 15
vol $3.4B $2.0B $5.4B
  51

Most Recent M&A

Company Date Value Type
Quickplay Media Co. 2020-03-03 - Divestiture
Toronto, Ontario · www.quickplay.com
AT&T, Inc. - Wireless & Wireline Operations 2019-10-09 2.0B USD Divestiture
Dallas, Texas
AT&T, Inc. - Data Center Colocation Operations 2019-01-01 - Divestiture
Dallas, Texas
Otter Media Holdings LLC 2018-08-07 - Add-on Acquisition
Santa Monica, California · www.ottermedia.com
AlienVaut LLC 2018-07-10 - Add-on Acquisition
San Mateo, California · www.alienvault.com
AppNexus, Inc. 2018-06-25 - Add-on Acquisition
New York, New York · www.appnexus.com
Vyatta, Inc. 2017-06-02 - Divestiture
Belmont, California
Time Warner, Inc. 2016-10-22 108.7B USD Add-on Acquisition
New York, New York · www.timewarner.com
Quickplay Media Co. 2016-05-16 - Add-on Acquisition
Toronto, Ontario · www.quickplay.com
Carrier IQ, Inc. 2016-01-03 - Add-on Acquisition
Sunnyvale, California · www.carrieriq.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Time Warner, Inc. 2016-10-22 FanDuel, Inc. 2018-05-23 1
New York, New York · www.timewarner.com New York, New York · www.fanduel.com
NextWave Wireless, Inc.    - PacketVideo Corp. 2016-05-10 1
San Diego, California · www.nextwave.com San Diego, California · www.pv.com
Game Show Network LLC 1992-05-07 Gamedonia 2016-04-19 4
Santa Monica, California · www.gsngames.com Barcelona, Spain · www.gamedonia.com
Game Show Network LLC 1992-05-07 Plumbee 2016-02-15 3
Santa Monica, California · www.gsngames.com London, United Kingdom · www.plumbee.com
Game Show Network LLC 1992-05-07 Idle Gaming, Inc. 2015-03-30 2
Santa Monica, California · www.gsngames.com San Francisco, California · www.idle-gaming.com
Game Show Network LLC 1992-05-07 BASH Gaming 2014-02-25 1
Santa Monica, California · www.gsngames.com Foster City, California · www.bashgaming.com
AT&T Mobility LLC    - Alltel Corp. 2009-01-09 2
Atlanta, United States Little Rock, Arkansas · www.alltelwireless.com
American Cellular corp. 2000-02-26 Highland Cellular LLC 2006-10-05 1
Franklin, Tennessee · www.americancellular.net Beckley, United States
NextWave Wireless, Inc.    - TeleCorp WCS, Inc. 2005-01-01 1
San Diego, California · www.nextwave.com Arlington, Virginia
AT&T Mobility LLC    - New Cingular Wireless Services, Inc. 2004-10-26 1
Atlanta, United States Redmond, Washington

M&A by Sector

Sector Buy # Value Sell # Value
Communications 18 (50%) 20.2B (11%) 8 (53%) 4.0B (74%)
Information Technology 5 (14%) 7.4B (4%) 1 (7%) -
Internet Software and Services 4 (11%) 300M (< 1%) 2 (13%) -
Software 4 (11%) - 1 (7%) 1.4B (26%)
Media 3 (8%) 157.7B (85%) - -
Business Services - - 2 (13%) -
Digital Media 1 (3%) - - -
Marketing 1 (3%) - - -
Technology Hardware - - 1 (7%) -
Total 36 $185.6B 15 $5.4B

By Geo

State/Country Buy Value Sell Value
United States 31 174.9B 13 5.4B
  California 14 50.9B 2 -
  Texas 2 275M 3 2.0B
  New Jersey 2 2.0B 2 -
  New York 3 108.7B - -
  Georgia 2 7.5B 1 -
  Tennessee 1 2.4B - -
  Rhode Island 1 - - -
  Oregon 1 - - -
  Oklahoma 1 2.8B - -
  Nevada 1 - - -
  Massachusetts 1 - - -
  Maryland 1 300M - -
  Florida 1 - - -
  Washington - - 1 -
  Ohio - - 1 1.4B
  Connecticut - - 1 2.0B
Canada 3 7.0B 1 -
  Ontario 1 - 1 -
  Quebec 1 15M - -
  Alberta 1 7.0B - -
Mexico 2 3.8B 1 -
Domestic 31 (86%) 174.9B (94%) 13 (87%) 5.4B (100%)
Cross-border 5 (14%) 10.8B (6%) 2 (13%) -
Total 36 $185.6B 15 $5.4B

Top M&A Advisors

Financial Deals
Evercore Group LLC
2
Lazard Ltd.
1
Headwaters MB
1
Legal Deals
Debevoise & Plimpton LLP
1
Sullivan & Cromwell LLP
1

Deal Values

buy # Total
> $1B 10 $183.4B
$100M to $1B 4 $2.2B
< $100M 2 $104M
TOTAL $185.6B
Largest Time Warner, Inc.
$108.7B (2016-10-22)
sell # Total
> $1B 3 $5.4B
TOTAL $5.4B
Largest AT&T Wireline, Broadband and Video Operations
$2.0B (2013-12-17)

M&A Connections

Deals %
Acquired from
PE Firm(s)
90%
27 90%
Strategic(s)
10%
3 10%
Divested to
PE Firm(s)
17%
2 17%
Strategic(s)
83%
10 83%

 Subscribe to unlock this and 155,724
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 144K M&A Transactions
  • 152K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.