Why AT&T CEO Isn’t Losing Sleep over DOJ Appeal
The United States Department of Justice (or DOJ) is appealing the judge’s decision to allow AT&T (T) and Time Warner to merge in June. The merged company was renamed WarnerMedia. But AT&T doesn’t seem worried about the DOJ’s appeal, and CEO Randall Stephenson said he hopes the company will prevail. He reiterated it when he addressed a Goldman Sachs investor conference in New York this month.