AT&T's top executive said today it was a "big mistake" to hire a Donald Trump's personal lawyer as a consultant after the presidential election, but maintained that the telecom giant's actions were legal and "entirely legitimate."
"To be clear, everything we did was done according to the law and entirely legitimate. But the fact is, our past association with Cohen was a serious misjudgment. In this instance, our Washington DC team's vetting process clearly failed, and I take responsibility for that."
The company said it hired the firm among "several consultants to help us understand how the president and his administration might approach a wide range of policy issues important to the company, including regulatory reform... tax reform and antitrust enforcement, specifically our Time Warner deal."
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