It’s curtains for AT&T’s Hollywood ambitions. Now it’s focused on fiber and 5G.
With handoff of Warner Bros. and HBO, the company returns to focusing on core wireless and broadband servicesTimothy A. Clary/Agence France-Presse/Getty ImagesAT&T Inc.
Chief Executive Officer John Stankey says inflation could prompt the wireless and broadband company to raise prices for some core services while it continues to cut costs after getting out of theThe company on Friday completed the planned separation of its film-and-TV empire into a new publicly traded company called Warner Bros. Discovery.
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