AT&T Unveils $5.5B Loan Amid Virus Crisis, Touts "Strength" of Subscription Businesses [telecom]

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by Georg Szalai

The company also said Tuesday it would be "sizing our operations to economic activity," a sign of possible layoffs or reduced investment.

WarnerMedia owner AT&T on Tuesday said it has struck a deal for a $5.5 billion loan, boosting its liquidity amid the coronavirus crisis.

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