AT&T Inc. (NYSE:T) is introducing a daily discount deals service in Los Angeles, Atlanta, and Dallas-Forth Worth next month. The deals service is being rolled into AT&T subsidiary Yellowpages.com. For those of you who register today, you will get a $10 credit.

Yellow Pages Group has acquired Clear Sky Media.  Clear Sky is the owner of several Canadian shopping websites including RedFlagDeals.com, a price comparison engine.  Another property owned by Clear Sky includes PriceCanada.com.  RedFlagDeals.com receives 2.2 million unique visitors per month. [Yellow Pages PR]

AT&T (NYSE:T) spent about $3.85 million to buy the domain name YP.com from LiveDeal.  This was done so that YP.com would now redirect to Yellowpages.com.  This was revealed in a Form 10-K filed by LiveDeal Inc.  LiveDeal is an Internet marketing campaign company.  LiveDeal is run by John Raven as President and Michael Edelhart as CEO.  LiveDeal made about $25 million in net revenues in the past year.

BellSouth and SBC bought out YellowPages.com for about $120 million a couple of years ago.  Three years ago, SBC bought out AT&T and then AT&T bought out Bellsouth for $67 billion.  YellowPages became a fully owned AT&T subsidiary after that.

LiveDeal is formerly known as YP Corp. which is why they owned that domain name.  While this is a lot for buying out a domain name, it is only $1 million higher than what Pizza.com was bought for.

[via TechCrunch]