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The Wall Street Publication > Blog > Business > AT&T Shed Media Assets in 2021. Now It Wants Investors.
Business

AT&T Shed Media Assets in 2021. Now It Wants Investors.

Editorial Board Published January 5, 2022
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AT&T Shed Media Assets in 2021. Now It Wants Investors.
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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.

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