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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.

Source: Variety



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RE: Wow
By NellyFromMA on 5/1/2014 12:35:28 PM , Rating: 2
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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