Jeffrey 'Jeff' Bewkes, chairman and chief executive officer of Time Warner Inc., listens during a Senate Judiciary Subcommittee hearing in Washington, D.C., U.S., on Wednesday, Dec. 7, 2016.

Andrew Harrer | Bloomberg | Getty Images

Jeffrey ‘Jeff’ Bewkes, chairman and chief executive officer of Time Warner Inc., listens during a Senate Judiciary Subcommittee hearing in Washington, D.C., U.S., on Wednesday, Dec. 7, 2016.

Time Warner shares declined 2.2 percent in Wednesday’s premarket session after AT&T’s chief financial officer John Stephens said the timing of its merger deal close with the company is “now uncertain,” according to a Dow Jones report.

The AT&T executive is speaking at the Wells Fargo Media & Telecom Conference in New York City. The company previously guided for the deal to close by the end of 2017.

This story is developing. Please check back for updates.

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