M&A Deal Summary

AT&T Acquires BellSouth

On December 29, 2006, AT&T acquired communications company BellSouth for 89M USD

Acquisition Highlights
  • This is AT&T’s 9th transaction in the Communications sector.
  • This is AT&T’s 16th largest (disclosed) transaction.
  • This is AT&T’s 12th transaction in the United States.
  • This is AT&T’s 2nd transaction in Georgia.

M&A Deal Summary

Date 2006-12-29
Target BellSouth
Sector Communications
Buyer(s) AT&T
Deal Type Add-on Acquisition
Deal Value 89M USD

Target

BellSouth

Atlanta, Georgia, United States
BellSouth Corp. is an american telecommunication services.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

AT&T

Dallas, Texas, United States

Category Company
Founded 1983
Sector Communications
Employees140,990
Revenue 122.3B USD (2024)
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 was founded in 1983 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 13 of 38
Sector: Communications M&A 9 of 20
Type: Add-on Acquisition M&A Deals 11 of 30
State: Georgia M&A 2 of 2
Country: United States M&A 12 of 33
Year: 2006 M&A 3 of 3
Size (of disclosed) 16 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-26 inFreeDA

Menlo Park, California, United States

inFreeDA, Inc. an ad supported phone based directory service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-29 Dobson Communications

Oklahoma City, Oklahoma, United States

Dobson Communications Corp. is a communications provider in rural and suburban areas of Alaska, Arizona, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, Missouri, New York, Ohio, Oklahoma, Pennsylvania, Texas, Virginia, West Virginia and Wisconsin.

Buy $2.8B