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AT&T Misses Wall Street Profit Estimate, Shares Fall

AT&T Inc posted a surprise gain in U.S. wireless subscribers on Wednesday but quarterly profit rose less than expected, held back by its declining satellite TV business, sending its shares down more than 3 percent before the bell.

US Court Allows Release Of Bench Transcripts In AT&T Merger Fight

An appeals court that is hearing the U.S. Justice Department’s fight with AT&T over its merger with Time Warner agreed on Friday to allow the release of transcripts of bench conferences that the public was unable to listen in on during the trial in a lower court.

AT&T Closes $85 Billion Deal To Acquire Time Warner

President Donald Trump denounced the deal when it was first announced in October 2016. The Justice Department said that AT&T's ownership of both DirecTV and Time Warner, especially its Turner subsidiary, would give AT&T unfair leverage against rival pay TV providers that relied on content like CNN and HBO's "Game of Thrones."

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