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.
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RE: i hope not
5/2/2014 6:02:53 AM
You took the words right out of my mouth. I haven't ever been an AT&T customer but I am not a fan of these mega national corporations who cram their shitty products and services down our throat because we have no alternative and they know it.
Comcast comes to mind.
"If a man really wants to make a million dollars, the best way would be to start his own religion." -- Scientology founder L. Ron. Hubbard
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