US-MEDIA-TELECOM-MERGER-ATT-TIMEWARNER

An AT&T store is seen on 5th Avenue in New York on October 23, 2016. AT&T unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse. (KENA BETANCUR/AFP/Getty Images)

An AT&T store is seen on 5th Avenue in New York on October 23, 2016. AT&T unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse. (KENA BETANCUR/AFP/Getty Images)

An AT&T store is seen on 5th Avenue in New York on October 23, 2016. AT&T unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse. (KENA BETANCUR/AFP/Getty Images)