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AT&T ready to fight U.S. on Time Warner deal: CEO

AT&T ready to fight U.S. on Time Warner deal: CEO

"I didn't make that decision", Trump told reporters.

Instead, the Trump administration DOJ plans to use the merger as a weapon against one the president's least favorite news organizations - Time Warner's CNN.

Stephenson said several times on Thursday that a combined AT&T and Time Warner will create a data and advertising company whose competitors will be the newest and most disruptive entrants into the media sector, Amazon.com Inc, Facebook Inc, Netflix Inc and Alphabet Inc's Google, not other wireless phone companies.

This week, Delrahim and other agency officials told AT&T that the deal as it now stands raises anti-competition concerns, and that the company will need to shed some assets, perhaps either Turner or DirecTV.

Monday, the DOJ advised the companies that it would not sign off on the merger unless they agree to divest the merged company of CNN, which the president regularly condemns as a supposed purveyor of what he calls "fake news". "I do feel you should have as many news outlets as you can-especially since so many are fake".

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Trump on Saturday also maintained he had not been involved.

Sources say the Department of Justice (DoJ) may make the deal conditional on the disposal of either Turner Broadcasting - which includes CNN, Cartoon Network and sports channels - or satellite broadcaster DirecTV. The White House has also said that Trump has not spoken to Attorney General Jeff Sessions about the matter, nor were any White House officials authorized to speak to DOJ on it.

President Donald Trump appeared to stress on Saturday that he had not intervened in AT&T's bid to buy Time Warner - or sought to require that the companies sell CNN in order to obtain the US government's approval of the deal.

Delrahim has said he was never given instructions by the White House on how to conduct his analysis. He said the company had been ready to go to court the day the deal was announced.