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AT&T is using the growing power of Silicon Valley to justify its acquisition of Time Warner (T)

AT&T is ironically using the growing power of Silicon Valley giants like Netflix and Amazon to justify its acquisition of Time Warner
  • AT&T is pushing back against the
  • "This defies logic," Stephenson said.

Here's a surprise: an old media CEO citing the growing power of new media to try and get his away.

On Monday, AT&T CEO Randall Stephenson responded to the US government's attempt to block it's acquisition of Time Warner, citing giants like Amazon, Google, Facebook and Netflix as examples of companies with expanding clout.

Essentially,

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