Light Reading. In particular, Stankey said the company would cut costs by making management structures and distribution strategy more effective.The management structure initiatives will likely entail cutting and streamlining internal divisions, including those that may be redundant following AT&T's $85.4 billion of Time Warner in 2018.
These moves will contribute to AT&T's ongoing three-year plan to reduce what has become unwieldy debt following the Time Warner acquisition. In early 2019, AT&T held over $160 billion in
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook's new Oculus VR features may help it stand out among competitors - Business InsiderIf Facebook can convince users to spend more time in virtual worlds, it will gain access to troves of data and command user attention
Source: BusinessInsider - 🏆 729. / 51 Read more »
Capital One is planning to close its remaining three data centers in 2020 - Business InsiderCapital One is planning to close its last three proprietary data centers in 2020 – marking the final phase of Capital One's migration to the cloud.
Source: BusinessInsider - 🏆 729. / 51 Read more »
TikTok's owner has been quietly testing a Spotify competitor - Business InsiderTikTok's parent company ByteDance has been quietly beta testing a new music app called 'Resso' in India and Indonesia.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Goldman Sachs is set to launch its robo advisor service - Business InsiderICYMI: Goldman Sachs' robo advising service will likely capture a new demographic and bolster Marcus' offerings – fitting into its wider consumer banking strategy
Source: BusinessInsider - 🏆 729. / 51 Read more »