- Reuters•9 minutes ago
AT&T Inc (T.N) said on Saturday it agreed to buy Time Warner Inc (TWX.N) for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network to attract a growing number of online viewers. The biggest deal in the world this year will, if approved by regulators, give AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. The tie-up will likely face intense scrutiny by U.S. antitrust enforcers worried that AT&T might try to limit distribution of Time Warner material.
- Forbes•10 minutes ago
AT&T's ambitions have grown beyond just the wireless industry. Now, it wants to be your one-stop shop for streaming and cable video, and present a fresh challenge to Netflix and others.
AT&T, Inc. (T)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||37.28 x 100|
|Ask||37.31 x 900|
|Day's Range||36.96 - 38.67|
|52wk Range||32.22 - 43.89|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||16.17|
|Avg Vol (3m)||20,575,647|
|Dividend & Yield||1.92 (4.97%)|