
Petroc Taylor
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AT&T Inc. reported revenues of roughly *** billion U.S. dollars worldwide in 2025, with the vast majority of this generated in the United States, the company’s home market. The sharp fall in revenues in 2022 reflects the completion of a deal to spin off the company's interests in WarnerMedia.Â
The media and entertainment company WarnerMedia was created in 2018 via AT&T's merger with Time Warner. The closure of the merger deal, which followed lengthy legal proceedings, represented a landmark move into the entertainment business for AT&T. In 2020, AT&T oversaw the launch of WarnerMedia's streaming service HBO Max, which brought the telecoms giant into direct competition with Amazon and Netflix.Â
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