M&A Deal Summary

AT&T Acquires SBC Communications

On October 27, 2005, AT&T acquired communications company SBC Communications

Acquisition Highlights
  • This is AT&T’s 7th transaction in the Communications sector.
  • This is AT&T’s 9th transaction in the United States.
  • This is AT&T’s 1st transaction in Texas.

M&A Deal Summary
Date 2005-10-27
Target SBC Communications
Sector Communications
Buyer(s) AT&T
Deal Type Add-on Acquisition

Target

SBC Communications

San Antonio, Texas, United States
SBC Communications, Inc. provides communication services.

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Buyer(S) 1

Buyer

AT&T

Dallas, Texas, United States
Category Company
Founded 1983
Sector Communications
Employees148,290
Revenue 122.4B USD (2023)
DESCRIPTION
AT&T's corporate headquarters in downtown Dallas, Texas.
AT&T's corporate headquarters in downtown Dallas, Texas.

AT&T 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 founded in 1983 and is headquartered in Dallas, Texas.

DEAL STATS #
Overall 10 of 37
Sector (Communications) 7 of 19
Type (Add-on Acquisition) 8 of 30
State (Texas) 1 of 3
Country (United States) 9 of 32
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-05 At&t - National Public Markets Business

United States

NPM was formed in 1998 through the combination of TCG Payphone Inc. and AT&T's Payphone Development and Operations units. NPM was established to compete against the Regional Bell Operating Companies in the local payphone market. The business provides end-to-end, payphone services to inmates in correctional facilities in the U.S. and manages an installed base of over 8,000 public telephones concentrated in major airports.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-17 net2phone

Newark, New Jersey, United States

net2phone, Inc. is a provider of cloud based telephony services. net2phone's flagship hosted PBX service offers its channel partners the opportunity to uncover significant recurring revenues, enjoy customer retention, and add new services to, or even build, their own brands.

Sell -
Mergr

Product

Company

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