AT&T Judge Questions U.S. Expert on Pay TV Price-Hike Theory

Photo of AT&T Judge Questions U.S. Expert on Pay TV Price-Hike Theory
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An employee uses a tablet computer at an AT&T Inc. store in Newport Beach, California, U.S., on Thursday, Aug. 10, 2017. AT&T Inc. shares surged the most in more than eight years after the telecommunications giant posted a surprise wireless subscriber gain in the second quarter, showing it can fend for itself in a cutthroat price war. An offer for unlimited wireless data, bundled with discounted streaming-TV service, helping AT&T bide its time while awaiting regulatory approval to transform into a media powerhouse through the $85.4 billion purchase of Time Warner Inc. Photographer: Patrick T. Fallon/Bloomberg

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