AT&T CEO Gives Trump Rave Reviews for Tax Plan, Regulator Pick

  • Lower corporate taxes will stimulate investment, spending: CEO
  • FCC Chairman Pai to reduce regulation, Stephenson says

AT&T CEO: Confidence 'Fairly High' on Time Warner Deal

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President Donald Trump’s plan to reduce corporate taxes in the U.S. will trigger a wave of investment, said AT&T Inc. Chief Executive Officer Randall Stephenson, lavishing praise on the man who has opposed the telecom giant’s blockbuster acquisition of Time Warner Inc.

Trump’s pick to lead the Federal Communications Commission, Ajit Pai, will also help encourage spending in the industry by reducing regulation, Stephenson said Wednesday on a conference call with analysts. He spoke glowingly of his meeting with Trump in New York this month before the inauguration.