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AT&T to refocus on 5G as it unloads WarnerMedia

Just three years after it fought the Justice Department to complete its $85 billion purchase of media giant Time Warner, AT&T is selling off its entertainment business to drill back down on the basics and specifically on 5G. AT&T unveiled the change in strategy on Monday after it announced a $43 billion deal to sell its WarnerMedia assets to Discovery. The …

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