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AT&T Completes YP Sale

AT&T has finalized the sale of 53 percent of its Yellow Pages operation to the private equity firm Cerberus Capital, which has launched YP Holdings LLC. The new company will be led by newly appointed CEO David Krantz, who had…

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AT&T Opens Door to YP Sale

On yesterday's AT&T earnings call, CEO Randall Stephenson opened the door to the possibility that the telecom giant would sell off its directories business. Here is what Stephenson said on yesterday's earnings call: "That's one area that we're going to…

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Q1 Results Show Some Hopeful Signs for YP

First-quarter 2011 earnings reports are trickling in across the global Yellow Pages industry, and while the results are still largely negative, there are some signs that the rate of revenue decline is leveling off. This is consistent with what BIA/Kelsey…

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AT&T Next to Launch Daily Deal Site

The Wall Street Journal reported this week that AT&T Interactive will join the growing list of directory companies to launch a daily deal site. AT&T Interactive CEO David Krantz told The Journal that he believes AT&T could be "fast followers"…

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AT&T Ad Solutions Down 17% YTD

It's Yellow Pages earnings season again. AT&T is usually among the first out with its results, and the latest numbers show a worsening picture for its Advertising Solutions business, which includes print Yellow Pages and yp.com. The results are compounded by very…

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