• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

AT&T anticipates pending WarnerMedia-Discovery deal to close by mid-2022

September 15, 2021 by David Barret Leave a Comment

September 15, 2021

(Reuters) – Telecoms company AT&T said it anticipates that the pending deal to combine WarnerMedia’s media assets with Discovery Inc will close by the middle of 2022.

AT&T is in the process of unwinding its expensive media investments to focus on its original business of providing phone and internet services.

It is combining WarnerMedia’s media assets with Discovery to create a proposed stand-alone company, Warner Bros. Discovery.

“After close of that transaction and on a pro-forma basis, AT&T expects annual revenues to grow at a low single digits compound annual growth rate (CAGR) from 2022 to 2024 with annual adjusted EBITDA and adjusted earnings per share growing at a CAGR in the mid-single digit range”, AT&T Chief Financial Officer Pascal Desroches said in an update to shareholders on Tuesday.

After the deal closing, the company said it anticipates annual dividends paid of $8 billion to $9 billion, reflecting a payout ratio of 40% to 43% on projected free cash flow of $20 billion plus in 2023.

(Reporting by Kanishka Singh in Bengaluru; Editing by Stephen Coates)

Source Link AT&T anticipates pending WarnerMedia-Discovery deal to close by mid-2022

David Barret
David Barret

Related posts:

  1. Fighting games are bigger than ever on PC – but there’s a long way to go
  2. When is Rick and Morty season 5 episode 9 released? Return date, trailer and more
  3. Locast suspends local TV streaming service in wake of court ruling
  4. Get your pitch-off on with our Disrupt Startup Alley companies on upcoming episodes of Extra Crunch Live

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • A Two-Headed Fossil, 50/50 Spider, And World-First Butt Drag
  • Interstellar Comet 3I/ATLAS Is Losing Buckets Of Water Every Second – And It’s Got Cyanide
  • “A Historic Shift”: Renewables Generated More Power Than Coal Globally For First Time
  • The World’s Oldest Known Snake In Captivity Became A Mom At 62 – No Dad Required
  • Biggest Ocean Current On Earth Is Set To Shift, Spelling Huge Changes For Ecosystems
  • Why Are The Continents All Bunched Up On One Side Of The Planet?
  • Why Can’t We Reach Absolute Zero?
  • “We Were Onto Something”: Highest Resolution Radio Arc Shows The Lowest Mass Dark Object Yet
  • How Headsets Made For Cyclists Are Giving Hearing And Hope To Kids With Glue Ear
  • It Was Thought Only One Mammal On Earth Had Iridescent Fur – Turns Out There’s More
  • Knitters, Artists, And Bakers Unite! Creative Hobbies Can Help Your Brain Stay Young
  • The Biggest Millisecond Pulsar Glitch Recorded Represents An Astronomical Mystery
  • There Are Five Different Types Of Bad Sleeper. Which One Are You?
  • In A World First, Autonomous Underwater Robot Sets Off On Mission To Circumnavigate The Globe
  • First-Ever Living Recipient Of A Pig-To-Human Liver Transplant Survived For 171 Days
  • 190-Million-Year-Old “Sword Dragon Of Dorset” Likely The World’s Most Complete Pliensbachian Reptile
  • Acting CDC Director Calls For Splitting Up MMR Shots – But There’s A Reason We Don’t Do That
  • New Species Of Tiny Poison Dart Frog With Stripy Back And Spotty Legs Loves Bamboo
  • Not A Canine, Nor A Feline: Four Incredibly Cute Fossa Pups Have Been Born At A Zoo
  • The Most “Pristine Star” In The Universe May Have Been Identified – Researchers Link It To Elusive “Population III” Stars
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version