AT&T has been focusing on its core business of connecting people for over a hundred years. AT&T's bundles include Internet, telephone and cable TV. Recently they have been branching out. They bought DirecTV a few years ago and now they are trying to buy Time Warner. Not Time Warner Cable but the Time Warner that owns magazines and television channels like TNT, TBS and CNN along with Warner Brothers Studios.
Even though AT&T got its start with telephones they also offer AT&T double play bundles that don't always include phones.
But maybe they have been straying too far from cable TV, telephone and Internet. Last year, during his campaign for president, Donald Trump said he would not approve the merger of AT&T and Time Warner. Now the Department of Justice is throwing up obstacles to it.
Some news outlets have said that Time Warner would have to get rid of CNN to gain approval from the Justice Department. Despite a recent meeting between AT&T CEO Randall Stephenson and the DoJ's antitrust chief Makan Delrahim, both the DoJ and AT&T have dismissed that idea.
Whether AT&T gets to buy Time Warner or not, they are already pretty big. They are the second biggest mobile provider and AT&T's U-verse TV with DirecTV is the largest television provider.
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