AT&T May Buy DirecTV for $50 Billion
Article Comments 19
May 12, 2014, 4:19 PM by Eric M. Zeman
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.
Jan 5, 2023
Qualcomm has revealed Snapdragon Satellite , the company's solution for connecting Android phones directly to satellites for truly global coverage. The feature uses the Iridium network, a satellite constellation that has has been in operation for 25 years.
Sep 7, 2022
Apple has revealed the iPhone 14 series, with new features, improved specs, and new size options. In place of a Mini option, the iPhone 14 will come in the same 6.1-inch and 6.7-inch screen size options as the Pro models.
Feb 27, 2023
Bullitt has announced the first Android phones that will include two-way satellite messaging capability. The Motorola defy 2 and CAT S75 are both designed to connect to Bullitt's new Satellite Connect platform.
Sep 15, 2021
The Unicode Consortium has finalized and released version 14.0 of Unicode Standard for multi-lingual text, including 37 new emoji characters. New versions of Unicode are usually incorporated into updated versions of iOS and Android.
Feb 27, 2023
Bullitt and Motorola has unveiled the "motorola defy satellite link", a small Bluetooth device that acts as a gateway for two-way satellite messaging, adding that capability to any iOS or Android phone. Using Bullitt's Satellite Messenger service, a connected phone can both send and receive text messages where cellular service isn't available.
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 ...