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AT&T CEO John Stankey Sees “No Surprises” As WarnerMedia-Discovery Deal Awaits Approval, No Letup In HBO Max “Foot Race” To Reach Scale
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deadline.com
deadline.comAT&T CEO John Stankey said the approval process for a deal to shed WarnerMedia and merge it with Discovery “is consistent with what we would have expected as we walked into it.”Speaking on the company’s third-quarter earnings call, the executive said, “We are moving through the steps with the various regulatory agencies in the U.S.
and outside the U.S. Those processes are moving along at the pace we would have expected and we don’t see any surprises.” Regulators, he added, “are doing their typical thorough review around that and we feel really comfortable around the back and forth of what’s been produced around the timelines and the milestones we’ve seen around those things.”AT&T and Discovery announced plans for the $43 billion combination
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