Thursday, December 31, 2009

AT&T cuts off sponsorship link with Tiger Woods

Major American telephone company AT&T Inc said today it would no longer sponsor Tiger Woods, joining Accenture in dropping support for the world's top golfer, who's taking a break from the sport to focus on his marriage after his admitted infidelity.
The phone company hasn't used Woods' image extensively in advertising, but its logo appeared on his golf bag. That deal had been billed as a "multi-year" agreement when it was signed early in 2009.
Woods has also been the host of the AT&T National PGA Tour event since it started in 2007. The phone company said it would continue to sponsor the event, which will be held in Newtown Square, Pennsylvania in July.
AT&T, which is based in Dallas, did not comment on its reasons for dropping Woods, or how much his contract was worth.
Woods' agent, Mark Steinberg, had no comment on AT&T's decision.
Consulting firm Accenture dropped Woods two weeks ago, saying he was "no longer the right representative" of the company's values.
Gillette, a unit of the Procter & Gamble Co., also has said it won't air ads for its razors that include Woods or include him in public appearances.
Swiss watch maker Tag Heuer, a unit of luxury goods empire LVMH Moet Hennessy Louis Vuitton, also said that it would "downscale" its use of golfer Tiger Woods' image in its advertising campaigns for the foreseeable future.



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