AT&T CEO Isn't Worried About DOJ Appeal, Details Big Advertising Plans for Turner

Randall Stephenson also called Netflix the 'Walmart' of subscription video

The Justice Department continues to try and derail AT&T’s recent merger with Time Warner, but AT&T chairman and CEO Randall Stephenson isn’t worried about the DOJ’s appeal of the verdict in its antitrust suit.

In July, one month after a federal judge approved AT&T’s merger with Time Warner—ruling that the Justice Department’s antitrust suit had failed to make its case against the merger—the DOJ appealed the verdict.

“The teams are spending zero effort thinking about this appeal,” Stephenson said this morning at the Goldman Sachs 27th Communacopia Conference in New York.

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