Media giant AT&T has agreed to buy advertising software company AppNexus in a tie-up worth around $1.6bn (£1.2bn)
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Media giant AT&T has agreed to buy advertising software company AppNexus in a tie-up worth around $1.6bn (£1.2bn)
Bewkes says $85.4bn deal can boost competition as rivals call for regulatory scrutiny
Time Warner would give a competitive advantage over rivals such as Verizon, T-Mobile US and Sprint with a so-called “vertical integration” strategy, allowing it to use its internet and telecoms services to distribute Time Warner’s film and television portfolio