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AT&T’s $43 billion deal with Discovery will help it reduce debt ahead of costly 5G build-out

·4 min read
AT&T’s $43 billion deal with Discovery will help it reduce debt ahead of costly 5G build-out
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AT&T Inc. is spinning off its WarnerMedia business in a deal with Discovery Communications Inc. as the telecommunications giant refocuses its attention on its wireless business and looks to reduce its debt position ahead of a costly 5G build-out.