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. The companies expect to face a 12-month regulatory review process, after which DirecTV would operate as a separate unit owned by AT&T. A tie-up between the two firms was suggested as a possibility by The Wall Street Journal last month. AT&t already operates home TV, telephony, and internet businesses, in addition to its wireless business. DirecTV would supplement its home TV offering.
Mar 20, 2018
Google today announced Subscribe with Google, an easy way for people to subscribe to and pay for select news sources. Google has worked with a number of publishers over the last six months to develop the service.
May 24, 2018
Essential Products is for sale, reports Bloomberg, and has cancelled plans to develop a new phone. The company has hired a financial firm in order to help advise it on a potential sale, according to Bloomberg's sources, who also say Essential has already received interest from one possible buyer.
May 15, 2018
AT&T today updated its DirecTV Now mobile video service, adding several new features along the way. To start, the Android and iOS apps have been redesigned a bit.
Apr 27, 2018
T-Mobile and Sprint are once again weighing a merger between the two businesses and may make an announcement as soon as Sunday, according to multiple reports. Unnamed sources cited by Bloomberg, Reuters, the Wall Street Journal, and the New York Times all suggest the two companies, which have flirted with one another for years, are back at the table hammering out a deal.
Jan 30, 2018
Verizon Wireless has cancelled any and all plans it had to sell handsets from Chinese phone maker Huawei due to pressure from the federal government, according to sources cited by Bloomberg. Verizon Wireless was on deck to sell Huawei's flagship device, the Mate 10 Pro, but has bowed to the government's wishes.
This has gone way too far.
Now, AT&T wants to take over pay tv all while trying to snuff out wireless carriers as well.
Does anyone here understand why me and many others have constantly posted our opinions why we need to keep Verizon and AT&T under control? These two companies are far more financially equipped to do just about anything they want. I would advise anyone that disagrees with me to keep the argument that the smaller carriers have had plenty of chance to grow. This simply isn't the case. The moment the monopoly was broken ...