AT&T Co has renewed its credit card processing agreement with Columbus, Georgia-based Total System Services Inc: the seven-year agreement with AT&T’s Universal Card Services unit could generate more than $300m; warrants granted to AT&T under the 1990 agreement giving it the right to buy Total shares do not survive and are not part of the pact; Total is 80.7%-owned by Synovus Financial Corp; the rest are publicly traded.
