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Watch everything AT&T CEO Randall Stephenson said about the AT&T-Time Warner appeal

AT&T T CEO Randall Stephenson isn't changing his strategy with Time Warner after news that the U.S. government plans to appeal approval of the telecom giant's $85.4 billion merger with the media company. It's a very narrow path that would have to be traveled to get this thing reversed in any way," Randall Stephenson told CNBC's Julia Boorstin on Friday. Stephenson took to CNBC's airwaves Friday morning , a day after the Department of Justice announced it planned to appeal a judge's decision in June allowing the blockbuster merger with Time Warner.