AT&T Talking to DirecTV About Potential Acquisition
AT&T has spoken to DirecTV about the possibility of acquiring the satellite TV firm, according to The Wall Street Journal. Citing sources familiar with AT&T's plans, the Journal says AT&T wants to grab more pay-TV marketshare and approached DirecTV after Comcast made a bid for Time Warner earlier this year. DirecTV has about 20 million subscribers, and AT&T's U-Verse offering has just under 6 million subscribers. Combined, AT&T and DirecTV would be about the same size - 26 million customers - as the combined Comcast-Time Warner would be. DirecTV's current market capitalization is about $40 billion and AT&T's is about $185 billion, which means it should be fairly easy for AT&T to swallow DirecTV. Dish Networks, the country's other large satellite TV provider, recently won wireless spectrum at auction and has plans to launch a mobile broadband network at some point. Dish's moves and AT&T's interest in DirecTV signal continued consolidation in the TV-internet-phone businesses. It's not clear if or how acquiring DirecTV would impact AT&T's wireless business. Neither AT&T nor DirecTV commented on the Journal's report.
FCC and Justice Dept. Likely to Approve AT&T-DirecTV Deal
The FCC and Department of Justice are wrapping up their review of AT&T's proposed $49 billion acquisition of DirecTV and don't have any real concerns, according to people familiar with the matter. The agencies may still impose conditions on the deal, but aren't likely to block it, says the Wall Street Journal.
AT&T May Buy DirecTV for $50 Billion
AT&T is in "advanced talks" to acquire DirecTV for about $50 billion, according to sources cited by Bloomberg. The deal, which values the satellite TV provider at about $100 per share, may be reached sometime in the next two weeks.
AT&T Debuts Wireless/DirecTV Bundles
AT&T today rolled out combined wireless and television packages that rely on its recent acquisition of DirecTV. The basic package includes four wireless lines with unlimited talk and text with 10 GB of shared data and HD television service with up to four receivers (DirecTV or U-verse) for a combined price of $200 per month.
DirecTV Shareholders Approve AT&T Merger
DirecTV's shareholders today voted overwhelmingly in favor of merging with AT&T. The vote of confidence from DirecTV's shareholders is just one of several the deal faces.
Here we go again
In all cases, the customer service has been horrible, so if DirectTV ever provided go...
Comcast wont let this happen.....
AT&T is so concerned about brand image and reputation
1. They will charge consumers for access to the content on the internet.
2. They will charge content providers fo...