AT&T CEO John Stankey on Q1 earnings, maintaining the dividend
AT&T CEO John Stankey joined “Squawk Box“ on Thursday to discuss the company’s first-quarter results and how the company plans to increase the dividend by focusing on getting the stock price up. To see the full interview with Stankey sign up for a free trial to CNBC Pro:
AT&T CEO John Stankey expressed confidence Thursday in the future of HBO as the telecom giant’s pay TV unit competes in the crowded field of digital streaming.
“I actually believe the glory days are still in front of us. They’re not behind us. They’re different days, and the product is different,” Stankey said on CNBC’s “Squawk Box” shortly after AT&T reported better-than-expected first-quarter earnings results.
HBO, which was founded in 1972, has “gone through reinvention over its years, and this is just the next chapter of reinvention,” Stankey added.
In the first quarter, AT&T added 2.7 million U.S. subscribers for HBO and HBO Max, its online streaming option
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