This content is not available in your region

AT&T Shed Media Assets in 2021. This Year It Wants to Add Investors.

AT&T Shed Media Assets in 2021. This Year It Wants to Add Investors.
Copyright  Matt Winkelmeyer/Getty Images
By Dow Jones & Company

AT&T Inc. faces a busy year as it tries to complete a divorce with its entertainment business, ease investor concerns about its dividend and show that it can continue to woo new wireless customers.

The Dallas conglomerate spent much of 2021 on what amounted to a gut remodel. It kicked off a series of big divestitures spanning pay TV, media production and advertising, moves aimed at refocusing AT&T on more predictable growth opportunities from profit centers such as wireless and broadband service.

Want the whole story?
Read the full article for free on the Wall Street Journal

Continue on WSJ.com