AT&T Inc. Chief Executive Officer John Stankey says inflation could prompt the wireless and broadband company to raise prices for some core services while it continues to cut costs after getting out of the media business.
The company on Friday completed the planned separation of its film-and-TV empire into a new publicly traded company called Warner Bros. Discovery. AT&T shareholders will get a 71% stake in the new entity, which will be led by Discovery Inc.’s David Zaslav.
To Read the Full Story
Source: finance.yahoo.com
Related posts:
Dear Tax Guy: ‘I’ve accumulated a lot of junk.’ I plan to make $6,000 selling stuff on eBay. Can I p...
5 High-Yield Dividend Stocks to Buy Without Hesitation
1 Ridiculously Cheap Dividend Stock Down 33% to Buy Hand Over Fist Right Now
Ford Pauses $3.5 Billion EV Battery Plant. Why This Is Big.
Block’s Stock Price Is Down 80%. Enter CEO Jack Dorsey.