Senate to hold hearing on AT&T acquisition of Time Warner

The U.S. Senate subcommittee on antitrust will hold a hearing sometime this year on AT&T Inc's planned acquisition of Time Warner, a spokesman for the subcommittee's chairman, Mike Lee, said on Sunday.

AT&T announced it plans to buy Time Warner on Saturday for $85.4 billion, raising concerns among U.S. lawmakers about antitrust issues.

(Reporting by David Shepardson; Writing by Julia Edwards; Editing by Bill Trott)