After Media Detour, AT&T Confronts Old Problems

Following its spinoff of WarnerMedia, AT&T is back to primarily being a wireless company, with all of the challenges that entails.

By Edmund Lee and Lauren Hirsch

At a meeting of AT&T’s top leaders at the company’s headquarters in Dallas, Randall L. Stephenson, the chief executive, sounded a victory note. The wireless provider was on the verge of a transformative deal that would turn the phone company into a tech and media giant.

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