One key asset owned by Time Warner, CNN, could create problems for the U.S. and President Donald Trump, whose very public spat with the news network has raised suspicions that he might have interfered with the department’s decision. AT&T runs the country’s second largest wireless network and is the biggest provider of traditional satellite and cable TV services. Time Warner owns HBO, CNN, TBS and other networks, as well as the Warner Bros. movie studio. AT&T has argued that buying Time Warner would let it package and deliver video more cheaply, over the internet, rather than in expensive cable bundles. This isn’t the first time that AT&T has faced pushback from the government over an acquisition.

Source: Washington Post November 21, 2017 01:07 UTC