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AT&T WarnerMedia CEO Kilar says he will stay into 2022 -source


Helen CosterSheila Dang
2 minute read
The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid/File Photo
Jason Kilar, chief executive of AT&T Inc s (T.N) WarnerMedia unit, said during an internal meeting on Thursday that he plans to remain in his role through this year and will reassess his options in 2022, according to a source familiar with the matter.
AT&T announced last week that it would spin off its media assets and merge them with Discovery Inc (DISCA.O), ending the wireless carrier s ambitious foray into media, and raising questions about Kilar s future at the company. ....

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Israel's Bezeq Telecom to reach 1 mln homes with fibre optic in 2021


May 26, 20218:51 AM UTC
Middle EastIsrael s Bezeq Telecom to reach 1 mln homes with fibre optic in 2021
Steven Scheer
3 minute read
The logo of Bezeq Israeli Telecommunication Corp Ltd, the country s largest telecom group, is seen outside their headquarters in Tel Aviv, Israel June 21, 2017. REUTERS/Amir CoheN
Bezeq Israel Telecom (BEZQ.TA) reported lower quarterly profit on Wednesday and said it was advancing a plan to merge two business units to cut costs and ramping up deployment of a fibre-optics network.
Bezeq, Israel s largest telecoms group, earned 299 million shekels ($92 million) in the first quarter excluding one-time items such as a 125 million shekel capital gain from the sale of real estate, compared with 325 million shekels a year earlier. ....

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