AT&T Inc. prevailed in its grueling fight with the Justice Department on Tuesday, finally clearing the way for its 2016 Time Warner Inc. deal to take effect. AT&T Chief Executive Officer Randall Stephenson looks to use his new role as a media baron to roll out new services, offer lower prices and create new bundles of entertainment. The major cable and satellite companies have been hemorrhaging traditional customers, with cord-cutters signing up instead for Netflix Inc. and other services. …read more
Source:: Yahoo Finance
