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

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

AT&T Inc. (referred to as “AT&T,” “we,” or “our”) stated in our Form 10-K filed on February 17, 2017, that our commitment to purchase 600 MHz spectrum licenses for which we submitted bids is expected to be more than satisfied by the deposits made to the Federal Communications Commission (FCC) in the third quarter of 2016. Consistent with that commitment, we were the successful bidder for spectrum in 18 markets, and expect to pay a purchase price of approximately $900 million. With our previous deposit made in July 2016, a refund in the amount of $1.4 billion is expected from the FCC.
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, 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 filing based on new information or otherwise.
About AT&T INC. (NYSE:T)
AT&T Inc. is a holding company. The Company offers communications and digital entertainment services in the United States and the world. It operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Business Solutions segment includes various categories, including wireless service, fixed strategic services, legacy voice and data services, other services and wireless equipment. The Entertainment Group segment provides video, Internet and voice communication services to residential customers in the United States and the United States territories. The Consumer Mobility segment provides wireless service to consumers, and wireless wholesale and resale subscribers located in the United States or in the United States territories. The International segment provides video entertainment services to residential customers in Latin America, and wireless data and voice communication services to consumer and business customers in Mexico. AT&T INC. (NYSE:T) Recent Trading Information
AT&T INC. (NYSE:T) closed its last trading session down -0.24 at 40.32 with 22,195,768 shares trading hands.
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