Market Exclusive

AT&T INC. (NYSE:AT) Files An 8-K Other Events

AT&T INC. (NYSE:AT) Files An 8-K Other EventsITEM 8.01 Other Events.

Earlier in 2016, AT&T Inc. (“AT&T”) submitted a bid to provide a nationwide mobile broadband network for first responders. AT&T has been informed that it is a bidder within the “competitive range” by the First Responder Network.
In October 2016, pdvWireless, Inc. (“pvdWireless”) stated that it was no longer being considered for the award by the First Responder Network. On November 21, 2016, Rivada Mercury, LLC (“Rivada”) filed a Motion for Protective Order with the United States Court of Federal Claims stating that it was protesting the decision to exclude Rivada Mercury’s proposal “from the competitive range” for the First Responder Network contract. On November 28, AT&T filed a motion to intervene in Rivada’s litigation. The court in Rivada’s case has established a briefing schedule that extends to February 16, 2017.
Based on Rivada’s court filing and pdvWireless’ public statements, AT&T is not aware of any other bidders who remain within the “competitive range” of the First Responder Network procurement. Should AT&T’s bid be accepted, we look forward to serving the public safety community through this contract and making a significant investment in the infrastructure of our country. The actual reach of the network and necessary investment will be determined by the election to participate by the individual States.
CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS
Information set forth in this filing contains financial estimates and other forward-looking statements that are subject to risks and uncertainties. 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 filing based on new information or otherwise.
Page 2
About AT&T INC. (NYSE:AT)
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate. Atlantic Power’s power generation projects in operation have an aggregate gross electric generation capacity of approximately 2,140 megawatts (MW), in which its aggregate ownership interest is approximately 1,500 MW. The Company’s portfolio consists of interests in approximately 20 operational power generation projects across over nine states in the United States and approximately two provinces in Canada. The Company’s power generation projects are primarily located in California, the United States Mid-Atlantic, New York and the provinces of Ontario and British Columbia. AT&T INC. (NYSE:AT) Recent Trading Information
AT&T INC. (NYSE:AT) closed its last trading session 00.00 at 2.60 with 466,467 shares trading hands.
Exit mobile version