SEC Filings

425
AT&T INC. filed this Form 425 on 12/05/2016
Entire Document
 

Filed by AT&T Inc.
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a–12
of the Securities Exchange Act of 1934
Subject Company: Time Warner Inc.
Commission File No.: 1-15062
 

 


AT&T/TIME WARNER MERGER WILL BRING SIGNIFICANT CONSUMER BENEFITS
The benefits of this merger to consumers are straightforward and substantial:
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New and innovative content and packaging options
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Together, AT&T and Time Warner will give consumers more and better options, including more choice in network packages and other services, at attractive prices delivered over pay-TV, broadband and mobile, with great consumer interfaces, on-demand content, and interactive features.

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AT&T's DIRECTV NOW product is a great start—100 channels starting at $35 streamed to any device with no contract, no credit check, and no set top box required.
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But this transaction will enable us to give consumers much more of what they want – and do it faster on a nationwide basis.  With Time Warner's content and AT&T's distribution platforms we will deliver true innovation in both distribution and content.  More customization, more programming options, more interactivity and integration with other content, and more customer control over how they watch their programming.
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Increasing competition against cable companies
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The cable companies that continue to dominate both pay-TV and broadband internet services will have no choice but to respond with their own improved offerings.
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Consumers will benefit from new options, better value and more power to choose.
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More incentive for accelerated build out of AT&T's next-generation "5G" network
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AT&T is committed to being at the forefront of 5G, and the mobile-focused video services that we'll feature will change the trajectory 5G.
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Premium content for mobile video improves AT&T's business case for 5G everywhere and should lead others to accelerate their own plans, spurring even more competition.
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We will continue to distribute Time Warner's content broadly across platforms and to purchase high-quality content from every corner of the ecosystem.
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AT&T will continue to be a leading investor in America.  We've invested more in the United States than any other public company each of the past 5 years—that commitment won't change.
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