The second-largest U.S. wireless carrier by subscribers has turned its focus to paying down debt after spending $85 billion to buy media company Time Warner. "I would say we're ahead of schedule in each of our key priorities," said AT&T Chief Executive Randall Stephenson during a call with analysts. The company's debt was $171 billion at the end of 2018, after paying off some $9 billion since the Time Warner merger closed in June.
No comments: