AT&T is considering splitting its telecom and media assets after acquiring Time Warner [telecom]
AT&T is considering splitting its telecom and media assets after acquiring Time Warner Inc., giving AT&T CEO Randall Stephenson oversight over two separate divisions.
The structure under consideration, reported earlier by Bloomberg and the Wall Street Journal, would put AT&T's DirectTV and telecom operations in one unit and the Time Warner media assets in another.
Such a split could see AT&T chief strategy officer John Donovan promoted to CEO of the telecom unit, while AT&T entertainment chief John Stankey takes over the media assets, according to the reports. The media unit would include Time Warner's HBO, Warner Bros., and Turner cable channels, which includes CNN.
Posted 5 years ago by Bill Horne in General Telecommunications Forum