![epa09206588 (FILE) - An AT&T logo in New York, New York, USA, 04 December 2008 (reissued 17 May 2021). According to a company statement, AT&T's entertainment branch WarnerMedia and US media company Discovery will merge into a standalone company. EPA/JUSTIN LANE *** Local Caption *** 53909438](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/OWXKH4NGIGCMJ6KIJVRMBRXVUI.jpg?smart=true&auth=59332a40c73c3e2eaf49dfbe53fb61e3cb0fef68e160581cd8ba5a77c2853b8b&width=400&height=225)
The US telecoms group will pay a dividend of $1.11 per share, down from $2.08 per share. EPA
The US telecoms group will pay a dividend of $1.11 per share, down from $2.08 per share. EPA
AT&T opts for WarnerMedia spin-off in Discovery merger
Deal to unwind AT&T's $85bn purchase of Time Warner was announced early last year