• 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Your email address will not be published.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

  • NASA Is Set To Lock Up Four Volunteers For 378-Day Mars Simulation Study
  • For The First Time, A Vital Oceanic Upwelling Of Nutrient-Rich Water Failed To Emerge In 2025
  • One Of The Largest Crocs Ever “Terrorized Dinosaurs” With Teeth The Size Of Bananas
  • US Congress Is Holding Another UFO Hearing Today – Watch Live
  • Yes, Flying Snakes Do Exist – Sort Of
  • Meet The Bumblebee Bat: The World’s Smallest Bat Is The Last Of Its Kind
  • Did A Giant Planet Sculpt Fomalhaut’s Stunning Ring Into Its Squashed Shape?
  • The Unfolding New Astronomical Revolution – Gravitational Waves Discovery Turns 10
  • “Truly A Reversal”: Scientists Find Protein That Causes Brain Aging, And Learn How To Stop It
  • Tiny 2.5-Micrometer Particles Of Air Pollutants Can Promote Certain Types Of Dementia
  • Ants Have Taken Over Most Of The World – Except For A Few Places
  • Naked Mole-Rats: Bizarre-Looking Mammals That Defy Our Understanding Of Cancer And Aging
  • Earth 2.0? Hints Of First Atmospheric Detection Around An Earth-Like Planet Orbiting Another Star
  • The World’s Largest Snails Keep Taking Over US Ecosystems – Will They Again?
  • This Metric At Age 7 Could Predict Your Risk Of Cardiovascular Death In Mid-Life
  • Adorable New Species Of Snailfish Filmed 3,268 Meters Below The Sea, And There’s A Video
  • Why Do Giant Pumpkins Get So Big?
  • Tree-Climbing Snails Have Evolved Sneaky Strategies To Dodge Predators In Japan’s Forests
  • Humans Started Butchering Elephants 1.78 Million Years Ago In Tanzania
  • Unexpected Discovery Hints We Might Be Inside A Black Hole
  • 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