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US Department Of Justice Reappeals To Prevent AT&T From Acquiring Time Warner From ZKTEL

- Jul 13, 2018 -

There is a news frow ZKTEL. ZKTEL is a company which produce 5G products, which including 10G AOC SFP+ production; 40G AOC QSFP+ production; SFP28 SR/LR production; SFP+ SR production; QSFP28 SR4; QSFP28 LR4 and so on. The prices of ZKTEL products is very competitive. Welcome to visit our websites, connect with our customer serviece, we will provide yours best service!

On June 12 this year, AT&T was approved by the US Antimonopoly Court to acquire Time Warner for $85 billion, and announced the completion of the acquisition two days later.

AT&T is the world's largest telecommunications provider, and Time Warner is the world's third largest media and entertainment content provider. AT&T's acquisition of Time Warner is a vertical merger that will complement AT&T's traditional business and mitigate current AT&T liabilities.

However, the US Department of Justice recently filed a lawsuit against the District Court of the District of Columbia Circuit Court against the approval of AT&T's acquisition of Time Warner by a federal court judge to block the transaction.

Although the transaction was officially completed on June 14, the two companies still have the possibility of dissolving the merger if the Justice Department successfully appeals.

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