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Proud as a peacock

21 May 2021 By Jennifer Saba

Both the U.S. telecom firm and cable company used M&A to somersault into media and distribution. Now AT&T is U-turning by ditching Time Warner, yet Comcast is humming along with NBC Universal. For all AT&T’s labors, it’s hard to come back from an expensive, ill-timed acquisition.

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