Regulator, AT&T at odds over CNN in Time Warner deal

New York

US antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc's CNN cable network as a condition of approval of its deal to buy the media company.

The US Department of Justice has demanded significant asset sales in order to approve the US$85.4 billion deal, sources told Reuters on Wednesday, and asked AT&T to sell CNN-parent Turner Broadcasting or its DirecTV satellite TV operation in discussions on Monday.

AT&T offered to sell CNN, the sources said. AT&T denied that ve…