wrlsspec_8k.htm
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of
the Securities Exchange Act of
1934
Date of
report (Date of earliest event reported) March 20,
2008
AT&T
INC.
(Exact
Name of Registrant as Specified in Charter)
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Delaware
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1-8610
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43-1301883
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(State
or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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175 E.
Houston, San Antonio, Texas
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78205
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code (210)
821-4105
__________________________________
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240-14d-2(b))
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o
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item
1.01. Entry into a Material Definitive Agreement.
Throughout
this document, AT&T Inc. is referred to as “AT&T.”
On March
20, 2008, the Federal Communications Commission ("FCC") announced that AT&T
was the winning bidder of 227 B Block 700 MHz Band wireless spectrum licenses in
an auction conducted by the FCC. AT&T must provide to the FCC an
initial down payment of $1.327 billion by ten business days from March 20, 2008,
of which $500 million was paid prior to the start of the auction, and pay to the
FCC the remaining balance of $5.309 billion on or before twenty business days
from March 20, 2008. AT&T intends to fund the purchase price
using a combination of funds from operations and either short-term or long-term
debt, depending on market conditions.
Item
7.01. Regulation FD Disclosure.
AT&T’s
statement on the FCC’s announced results of auction
73 is attached to this Form 8-K as Exhibit 99.1.
The
information provided pursuant to this Item 7.01 is "furnished" and shall not be
deemed to be "filed" with the Securities and Exchange Commission or incorporated
by reference in any filing under the Securities Exchange Act of 1934, as amended
or the Securities Act of 1933, as amended, except as shall be expressly set
forth by specific reference in any such filings.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
99.1
Statement dated March 20, 2008
Signature
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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AT&T
INC.
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Date:
March 20, 2008
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By:
/s/ John J.
Stephens
John J.
Stephens
Senior
Vice President and Controller
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ex99_1.htm
For
more information, contact:
Fletcher
Cook Mark Siegel
Phone:
415-318-4204
Phone: 404-236-6312
E-mail:
fcook@attnews.com E-mail: mark.a.siegel@att.com
AT&T STATEMENT
ON THE FCC'S ANNOUNCED RESULTS OF AUCTION 73
SAN ANTONIO, March 20, 2008
– AT&T (NYSE:T) completed successful bids for prime B
Block spectrum in the FCC auction. Combined with the Aloha Partners
transaction, which closed earlier this year, AT&T has supplemented its
holding of high-quality spectrum and continues to have a leading spectrum
position in the industry.
“AT&T’s
strong spectrum holdings position the company to further enhance the quality and
reliability of existing wireless broadband and voice services, and to set the
foundation for new-generation wireless broadband technologies and services.”
said Ralph de la Vega, president
and CEO of AT&T’s wireless
unit.
Upon
final award of this spectrum, the company’s 700 MHz spectrum will cover 100
percent of the top 200 markets. Combined with the spectrum previously
purchased in the AWS auction, AT&T will have quality spectrum available for
new services covering 95 percent of the U.S. population. With this spectrum we
can continue to deliver the latest technology and best-in-class services to our
customers as the wireless industry grows and evolves.
# #
#
About
AT&T
AT&T
Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and
affiliates, AT&T operating companies, are the providers of AT&T services
in the United States and around the world. Among their offerings are the world's
most advanced IP-based business communications services and the nation's leading
wireless, high speed Internet access and voice services. In domestic markets,
AT&T is known for the directory publishing and advertising sales leadership
of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is
licensed to innovators in such fields as communications equipment. As part of
its three-screen integration strategy, AT&T is expanding its TV
entertainment offerings. Additional information about AT&T Inc. and the
products and services provided by AT&T subsidiaries and affiliates is
available at http://www.att.com.
Cautionary
Language Concerning Forward-Looking Statements
Information
set forth in this news release contains financial estimates and other
forward-looking statements that are subject to risks and uncertainties, and
actual results may differ materially. A discussion of factors that may affect
future results is contained in AT&T's filings with the Securities and
Exchange Commission. AT&T disclaims any obligation to update or revise
statements contained in this news release based on new information or
otherwise.
© 2008
AT&T Intellectual Property. All rights reserved. AT&T and the AT&T
logo are trademarks of AT&T Intellectual
Property.
