AT&T CEO on Feds Review of WarnerMedia Spinoff: Nothing “Problematic” So Far
Stankey said the company wants “to hit a strong exit velocity” at DirecTV and WarnerMedia as their respective deals near, “at which point the combination with the right partner only expands the respective opportunities for success going forward.
Asked about updates on the Discovery deal, Stankey said there is none so far, adding that “no news is good news.” He added: “Right now it is a lot of work” on the regulatory review process, which the company continues to expect to take about a year, with nothing “particularly problematic” having emerged so far. The CEO also reiterated again that it was a fairly “straightforward” deal.
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