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AT&T forecasts stronger cash flow in 2019 to help reduce debt

2018-11-30 08:47:00| Telecompaper Headlines

(Telecompaper) AT&T forecast a strong increase in free cash flow next year, to USD 29.5 billion from a targeted USD 22 billion in 2018. The extra cash from the takeover of Time Warner should help the company meet its target to reduce debt to around 2.5x adjusted EBITDA by the end of 2019, the US operator announced at a meeting with analysts. 

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