M&A Deal Summary |
|
|---|---|
| Date | 2013-12-17 |
| Target | AT&T Wireline Broadband and Video Operations |
| Sector | Communications |
| Buyer(s) | Frontier Communications |
| Sellers(s) | AT&T |
| Deal Type | Divestiture |
| Deal Value | 2.0B USD |
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| Category | Company |
|---|---|
| Founded | 1935 |
| Sector | Communications |
| Revenue | 5.7B USD (2023) |
Frontier Communications is a provider of broadband, voice, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for residential customers, small businesses, and home offices, and advanced communications for medium and large businesses in 27 states. Frontier Communications was founded in 1935 and is headquartered in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector (Communications) | 5 of 6 |
| Type (Divestiture) | 3 of 4 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 5 of 6 |
| Year (2013) | 2 of 2 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-17 |
New Cingular Wireless Services
Redmond, Washington, United States New Cingular Wireless Services, Inc., doing business as AT&T Mobility, provides wireless communications service in the United States. |
Buy | $200M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-05 |
Verizon Communications - Wireline Operations in California Florida and Texas
New York, New York, United States Verizon's Wireline Operations in California, Florida and Texas include 3.7 million voice connections, 2.2 million broadband connections, and 1.2 million FiOS® video connections. |
Buy | $10.5B |
| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Communications |
| Employees | 148,290 |
| Revenue | 122.4B USD (2023) |
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 | 12 of 23 |
| Sector (Communications) | 7 of 10 |
| Type (Divestiture) | 8 of 19 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 11 of 20 |
| Year (2013) | 2 of 2 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-01 |
Ingenio
San Francisco, California, United States Ingenio is a peer-to-peer e-commerce marketplace, connecting customers and advisors through its proprietary web and telephony technology platform. Ingenio was founded in 1999 and is based in San Francisco, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-13 |
Leap Wireless International
San Diego, California, United States Leap Wireless International, Inc. is a US telecommunications company that provides wireless services to subscribers through its Cricket Communications, Inc. subsidiary. |
Buy | $1.2B |
