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AT&T says Q1 debt ratios to rise on share buyback costs

Thursday 9 January 2020 | 09:04 CET | News
AT&T said its debt ratios will increase in the first quarter as it spends money on buying back shares. However, these should fall back later in the year. CFO John Stephens also told an investor conference that fourth-quarter results will be hurt by spending on the new HBO Max service, lower cinema sales at Warner Bros and lower mobile handset sales. 

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Categories: General
Companies: HBO / Time Warner / Warner Bros
Countries: United States
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