Cnbc
@cnbc·4.2M subscribers·16.1K videos
AT&T CEO Randall Stephenson On Time Warner Deal (Full Interview)
Posted
June 15, 2018
Views
21,657
Likes
350
Comments
50
Engagement
1.85%
June 15, 2018
21,657
350
50
1.85%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
19:05Now PlayingRandall Stephenson, AT&T Chairman and CEO, speaks with CNBC's "Squawk Box" following the telecom giant's big court victory in its merger with Time Warner.
AT&T Chairman and CEO Randall Stephenson told CNBC on Friday he feels "relief" at winning the company's court case against the government and completing its purchase of Time Warner.
AT&T got its day in court and "the system worked," Stephenson said on "Squawk Box."
"We live in an amazing country," he said. "We have three co-equal branches of government. The checks and balances in this situation worked exactly the way they were designed over 200 years ago."
The $85.4 billion acquisition closed late Thursday, shortly after the Justice Department said it would not apply for a stay of a federal judge's ruling that let the deal go forward. However, the DOJ could still appeal the decision even after the completion of the deal.
Stephenson said he's not worried about government retribution, while noting it's been "600 days" since he came on "Squawk Box" to unveil the merger. He's always maintained it was not anti-competitive because it's a vertical integration, meaning the various businesses of both companies don't go head-to-head against each other.
» Subscribe to CNBC
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news
Find CNBC News on Facebook
Follow CNBC News on Twitter
Follow CNBC News on Google+
Follow CNBC News on Instagram
AT&T CEO Randall Stephenson On Time Warner Deal (Full Interview) | CNBC
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
