Sourced by TelecomTV's TRACKER platform
from AT&T News Room
Companies Expect to Close the Transaction by the End of 2017
The Instituto Federal de Telecomunicaciones (IFT) and the Comisión Federal de Competencia Económica (COFECE) have approved AT&T’s* pending acquisition of Time Warner Inc.
“We appreciate the work of both COFECE and IFT to review, analyze and approve the AT&T-Time Warner merger on its merits,” said David McAtee, Senior Executive Vice President and General Counsel, AT&T Inc. “The merger of our two companies will bring together the world’s best premium content with the networks to deliver that content to every screen, however customers want it.”
AT&T and Time Warner continue to expect to close the deal by year-end 2017.
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