Report: AT&T Eyeing $40B DirecTV Purchase
May 1, 2014 8:00 AM
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Deal would likely face regulatory scrutiny
Communications giant AT&T is looking at making a big purchase that would secure it one of the most popular satellite TV networks in the U.S. AT&T is said to be considering a purchase of DirecTV in a deal that could be worth $40 billion.
If AT&T buys DirecTV, it would make the combined company roughly the size of Comcast. Comcast earlier this year
announced its intentions to acquire Time Warner Cable
for just over $45 billion. A combined TWC and Comcast would have around 30 million subscribers. If AT&T and DirecTV combined, they would boast 26 million TV subscribers including the 6 million people on the AT&T’s U-Verse TV service.
The AT&T and DIRECTV deal would likely face stiff regulatory scrutiny – just as Comcast is
expected to receive
-- thanks to the size of the combined entity.
No official comments from AT&T or DirecTV have been offered at this time.
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5/1/2014 11:50:35 AM
Why do they want to get into that business? Would make more sense if they bought Charter or something. Shoot even dish so they can get access to their 50MHz of wireless spectrum which AT&T could REALLY use.
5/1/2014 12:35:28 PM
They already are in the TV space through a program called U-Verse. From what I can tell, its way over priced, but this buy up makes a little sense in that context.
That said, its a WAY more boring topic than T-Mobile + Sprint.
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