AT&T (T) Gets Court Approval For $177 Million Settlement And Satellite Venture

AT&T (NYSE:T) secured court approval for a US$177 million settlement over a major customer data breach affecting millions of users. A federal judge signed off the breach agreement in early October 2026, resolving multiple consolidated class action lawsuits. AT&T, Verizon and T-Mobile agreed to pool spectrum and share satellite access in a new US connectivity joint venture targeting coverage gaps. The US$177 million breach settlement and the multi-carrier satellite venture are reshaping...