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AT&T is already planning more acquisitions, days after buying Time Warner

AT&T is already planning more acquisitions, days after buying Time Warner

6 years ago
Anonymous $cyhBy-qkd5

https://arstechnica.com/information-technology/2018/06/after-time-warner-buy-att-plans-more-online-video-and-bigger-ad-platform/

AT&T will soon offer a new streaming video service thanks to its acquisition of Time Warner Inc., and it will be buying more companies in order to beef up its advertising platform, AT&T CEO Randall Stephenson said. The streaming service will be free for AT&T mobile customers who subscribe to unlimited data plans and $15 a month for everyone else.

Stephenson spoke to CNBC Friday, one day after AT&T completed its acquisition of Time Warner. The acquisition gives AT&T control of Warner Bros., HBO, and Turner Broadcasting System.