Comment on AT&T's CEO announces new product, driving home testimony in Time Warner merger case

AT&T's CEO announces new product, driving home testimony in Time Warner merger case

As AT&T’s CEO Randall Stephenson sought to sway a U.S. District Court that his company’s planned merger with Time Warner won’t raise prices, he punctuated his remarks by announcing a new, cheaper service. Stephenson revealed that AT&T (NYSE: T) will soon unveil a $15-per-month online video package that doesn’t include sports, Bloomberg reported.

 

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