Friday, January 13, 2017
Why AT&T’s CEO looks so worried during Trump Tower visit
At NYPOST by Claire Atkinson
-- Talk about bad timing.
One day after President-elect Donald Trump wiped the floor with a CNN reporter during his first post-victory press conference, the chief executive of AT&T visited Trump Tower to meet with the next president.
Chief Executive Randall Stephenson seemed to be more than a bit concerned as he passed through the building’s marble lobby on Thursday morning after the pow-wow.
And why wouldn’t he be?
The telco giant’s $85 billion deal to buy Time Warner and its CNN, HBO, Warner Bros., and Turner Broadcasting units, part of Stephenson’s grand plan to grow the Dallas company’s mobile streaming video business, needs to be approved by Trump’s Justice Department.