AT&T is already planning more acquisitions, days after buying Time Warner

Source: 
Author: 
Coverage Type: 

AT&T will soon offer a new streaming video service thanks to its acquisition of Time Warner, and it will be buying more companies in order to beef up its advertising platform, AT&T CEO Randall Stephenson said. The streaming service will be free for AT&T mobile customers who subscribe to unlimited data plans and $15 a month for everyone else. AT&T will announce more acquisitions soon to improve its advertising system. "We're standing up a significant advertising platform; you should expect some smaller [mergers and acquisitions] in the coming weeks to demonstrate our commitment to that," Stephenson said. The company is also launching "AT&T Watch TV," a streaming service that includes Turner programming. "Those are the kinds of things we'll be bringing to market [because of the Time Warner buy]," Stephenson said. "These will be ad-supported models." Stephenson said that "every single one of our mobile customers will get" AT&T Watch TV, although it's not clear what that means since only customers with unlimited data plans will get it for free.


AT&T is already planning more acquisitions, days after buying Time Warner