LAGUNA BEACH, United States: The proposed mega-merger of AT&T and Time Warner comes as media groups maneuver to stay applicable to audiences an increasing number of turning to the net for leisure.
The pinnacle executives from the businesses on Tuesday made their case for the merger, worth $108.7 billion, at a prestigious Wall Street Journal technology conference where titans consisting of Netflix and YouTube weighed in on the deal and the future of tv.
“The rationale is to bring Time Warner and AT&T together to make a extraordinary form of competitor in the ecosystem,” america telecommunication’s titan’s leader government, Randall Stephenson, stated all through an on-stage chat at WSJD Live.
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