AT&T CEO John Stankey sees a period of “less uncertainty” ahead for the telecom giant as Covid-19 gradually eases and the spinoff of WarnerMedia is completed.
“If I think about where I sat last year, and maybe some of the anxiety and the pieces that had to be put in place,” he said during an online appearance at Goldman Sachs’s Communacopia conference. “My anxiety about showing up next year is not anywhere near what it was last year. I know the plays and I know what we need to do.”
Noting the company’s stagnant share price, he said “there’s uncertainty that’s hanging in the stock right now. Uncertainty because, will the [WarnerMedia-Discovery] transaction get approved in this regulatory environment, uncertainty because of forward-looking views on Ebitda, uncertainty about what the direct-to-market strategy will be for the media company that David talked about.”
The CEO spoke just...
“If I think about where I sat last year, and maybe some of the anxiety and the pieces that had to be put in place,” he said during an online appearance at Goldman Sachs’s Communacopia conference. “My anxiety about showing up next year is not anywhere near what it was last year. I know the plays and I know what we need to do.”
Noting the company’s stagnant share price, he said “there’s uncertainty that’s hanging in the stock right now. Uncertainty because, will the [WarnerMedia-Discovery] transaction get approved in this regulatory environment, uncertainty because of forward-looking views on Ebitda, uncertainty about what the direct-to-market strategy will be for the media company that David talked about.”
The CEO spoke just...
- 9/21/2021
- by Dade Hayes
- Deadline Film + TV
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