Report: AT&T Eyeing $40B DirecTV Purchase
May 1, 2014 8:00 AM
comment(s) - last by
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.
This article is over a month old, voting and posting comments is disabled
5/1/2014 12:04:55 PM
So the wireless company that just so happens to change the highest rates to its customers has extra money to throw around and buy up other companies.
Color me shocked!
5/1/2014 1:00:57 PM
uverse was cheaper than twc in austin area. neither was a great "value" but definitely uverse was cheaper.
uverse as a good product is another story, IPTV is just...weak.
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