backtop


Print

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





"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA







Latest Blog Posts
Apple in the News
Saimin Nidarson - Apr 4, 2017, 9:03 AM






botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki