AT&T: moving forward with Time Warner integration, CEO says
(CercleFinance.com) - US telecoms giant AT&T is moving forward with the integration of Time Warner after the acquisition was closed in June, its CEO said on Wednesday.
Speaking at a Goldman Sachs conference, Randall Stephenson said AT&T expects to generate 1.5 billion dollars in cost synergies and 1 billion dollars in revenue synergies from the acquisition over the next 3 years.
AT&T - which now considers itself a "modern media company" - plans to build a platform that will combine its advertising inventory with anonymized customer data over the next 12-18 months.
Elsewhere, Stephenson said the company continued to see positive trends in its wireless business.
AT&T plans to launch 5G in parts of 12 cities by the end of 2018 and expand to 19 cities in early 2019.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Speaking at a Goldman Sachs conference, Randall Stephenson said AT&T expects to generate 1.5 billion dollars in cost synergies and 1 billion dollars in revenue synergies from the acquisition over the next 3 years.
AT&T - which now considers itself a "modern media company" - plans to build a platform that will combine its advertising inventory with anonymized customer data over the next 12-18 months.
Elsewhere, Stephenson said the company continued to see positive trends in its wireless business.
AT&T plans to launch 5G in parts of 12 cities by the end of 2018 and expand to 19 cities in early 2019.
Copyright (c) 2018 CercleFinance.com. All rights reserved.