December 2016 Current Affairs
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AT&T Agrees to Buy Time Warner for $85.4 Billion

AT&T Agrees to Buy Time Warner for $85.4 Billion
24 October 2016 Current Affairs: The American telecommunications giant AT&T Inc has agreed  to buy Time Warner, the home of HBO and CNN, for about $85.4 billion in a 50% cash and 50% stock deal, forming one of the largest telecommunications and media empire in the world.

The combined entity will be worth around $300 billion, making it among the top ten most valued public company in the world.

AT&T Inc. is an American multinational telecommunications conglomerate, headquartered at Whitacre Tower in downtown Dallas, Texas. AT&T is the second largest provider of mobile telephone services and the largest provider of fixed telephone services in the United States, and also provides broadband subscription television services through DirecTV. AT&T is the third-largest company in Texas (the largest non-oil company, behind only ExxonMobil and ConocoPhillips, and also the largest Dallas company).


December 2016 Current affairs
8 DEC
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7 DEC
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6 DEC
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5 DEC
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November 2016 Current affairs
30 NOV
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October 2016 Current affairs
31 OCT
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27 OCT
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26 OCT
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25 OCT
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24 OCT
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September 2016 Current affairs
30 SEP
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29 SEP
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27 SEP
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26 SEP
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August 2016 Current affairs
31 AUG
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