Sunday, October 23, 2016

Trump Slams Massive AT&T, Time Warner Deal: 'Too Much Concentration of Power'

Republican U.S. presidential nominee Donald Trump holds a campaign rally in Johnstown, Pennsylvania, U.S

Republican presidential candidate Donald Trump vowed that his administration would not approve the acquisition of the media company Time Warner by multinational telecommunications conglomerate AT&T.

Republican presidential candidate Donald Trump's daughter Ivanka addresses delegates on the final night of the Republican National Convention, 2016.
 
AT&T announced on Saturday that they had reached an agreement with Time Warner to purchase the company for more than $80 billion and expected to close the deal by the end of 2017. If approved, the world's biggest deal this year would allow the new company to control both content and distribution by connecting AT&T's millions of customers to the cable TV channels HBO and CNN, the movie studio Warner Bros. and other media assets under the control of Time Warner.

Read more: https://sputniknews.com/us/201610241046646430-trumo-block-time-warner-deal/


No comments:

Post a Comment