Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


Published on .

AT&T Corp., after a bidding war that began in mid-March, said it signed a definitive agreement with MediaOne Group to buy that cable TV company for $54 billion in stock and cash. The giant deal, along with AT&T's earlier purchase of cable TV company Tele-Communications Inc., positioned the long-distance telephone service provider to enter local telephone and broadband communications markets. In trading Friday, AT&T stock closed at 60.44, near its 52-week high of
Most Popular
In this article: