Contact Us

AT&T Buys DirecTV

Manae Media

$48.5 billion. That’s the massive amount of money that AT&T plunked down to swallow up DirecTV. 

“Customers will be able to get wireless, voice, data, TV and home security from the same company nationwide,” says Roger Entner, an analyst at Recon Analytics. “It allows (AT&T) to grow the share of consumers’ spending on telecom.”

There’s no guarantee the deal will go through even though the board of directors for both DirecTV and AT&T voted the merger through. The decision rests on the shoulders of regulators, but if approved DirecTV will operate as an AT&T subsidiary.

This isn’t the first big cable deal of the year. Recently this year Comcast proposed to buy Time Warner for $45 billion, which would mean a merger of the country’s two largest largest cable companies.

Just like a lot of people aren’t happy about the Comcast/Time Warner deal, people aren’t thrilled about AT&T wanting to buy out DirecTV.

“The industry needs more competition, not more mergers,” said John Bergmayer, an attorney at consumer technology advocacy group Public Knowledge. “The burden is on AT&T and DirecTV to show otherwise.”

Will rates increase? I can’t answer that because I don’t know, but I know it will be a top concern for DirecTV customers. I’ve talked with a lot of Time Warner customers who are not so happy about the pending merger because rumor has it rates will increase, so now it looks like this question will weight on the minds of virtually everyone in this area who has cable or satellite.

Best of 98.1 The Hawk

Recommended For You

Best Of The Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Hawk Country Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Hawk Country Club contests, events, coupons, presales, and much more delivered to you for FREE.