-
DTV getting swallowed by AT&T
C/P
AT&T’s plan to buy satellite TV giant DirecTV is an example of a broadband carrier trying to extend its reach into American households. AT&T’s U-verse fiber to the home broadband and TV product has only been modestly successful. It has 5.7 million customers to DirecTV’s 38 million.
The $49 billion deal has to clear federal regulation. Some members of Congress have sharply questioned AT&T's management about the consumer benefits. While the two companies argued their marriage will lower consumers’ costs, some consumer groups believe that prices will go up and the new company will be able to control access to popular programming like NFL games.
AT&T has reason to fight for the deal and make sure it closes. Its attempted bid to add wireless broadband capacity via a buyout of T-Mobile was blocked by the government. Beyond that, increasing customers by more than six times makes the business case for the deal even more compelling.
-
The Following 4 Users Say Thank You to hutch For This Useful Post:
-
Yep they were always in bed together even 5 years ago w/ at&t offering dtv installs, just a matter of time.
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules