AT&T Time Warner

AT&T chmn/CEO Randall Stephenson said his company’s $85bln takeover of Time Warner is a vertical merger and that as more information on the deal emerges, opposition would go away. Speaking during an interview on CNBC, Stephenson dismissed speculation that AT&T might have to spin off CNN in order to get the transaction approved. “I don’t know why we’d even talk about that… It doesn’t seem relevant to approving a deal like this. What would be the competitive issue that you’re remedying with spinning off CNN? There are not competitive issues with owning CNN,” the exec said.

The Daily


Verizon Stays Steady With Wireless, Fios

Verizon ended 4Q20 with growth in both its traditional wireless business and its broadband efforts. Revenues came in at $34.7 billion (-1.2% YOY) due to wireless service revenue growth and stronger results at

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up