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AT&T is Abandoning Puerto Rico and the U.S. Virgin Islands
Press Release
Just weeks after billionaire CEO Paul Singer’s Elliott Management Corporation announced that it had acquired about 1% of AT&T and laid out plans to extract profits from the company by cutting jobs and selling off critical assets, AT&T announced its intention to sell off wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America, a company with a history of union-busting and job cuts.
CWA to AT&T Board and Investors: Reject Damaging Proposals from Elliott Management
News
October 3, 2019
Elliott Management purchased about 1% of AT&T's stock and announced plans last month to extract profits from the company by cutting jobs and selling off critical assets.
Bargaining and Mobilization Update
News
October 3, 2019
The latest bargaining information from AT&T Southeast and Nokia.
Union Representing 100,000 AT&T Employees Writes To AT&T Board, Business Roundtable: Stick To Your Word, Reject Damaging Proposals From Elliott Management
Press Release
In two letters publicly released today, the Communications Workers of America (CWA) is urging AT&T’s CEO, board of directors and largest investors and Business Roundtable to put a stop to controversial proposals from Elliott Management that CWA says will cut jobs and destroy long-term value and are the “archetype ploy of vulture capitalists.”