Apple has no plans currently to make an offer for Time Warner, CNBC's David Faber said on the network's Squawk on the Street show on Wednesday. "It's not interested. Apple is not interested," said Faber, citing people who claim to have knowledge of Apple's (AAPL) internal discussion. "Anybody expecting an overbid from Apple at this point, certainly, it is not coming." AT&T late last month agreed to acquire Time Warner —home to a slew of popular media properties including HBO, CNN, and film studio Warner Bros—for $85.4 billion, or $107.50 per share. The deal is expected to face intense regulatory scrutiny in the coming months. Although AT&T believes it can get it through regulatory hurdles, some industry analysts say it could face some challenges as competition agencies get a chance to review it. Get Data Sheet, Fortune's technology newsletter Rumors have been swirling for about a year that Apple was also considering a Time Warner (TWX) buyout.