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AT&T agrees to buy DirecTV for nearly $50 billion

S

ShawnHill1

http://finance.yahoo.com/news/t-agrees-buy-directv-48-5b-deal-214622889--finance.html

As per Yahoo (via the Associated Press), the news just came earlier this afternoon, as the telco company will buy the nation's #1 satellite TV provider in a deal that will cost AT&T $48.5 billion. As some of you may already know, AT&T already markets DirecTV plans as part of a bundling arrangement...especially in areas of the country that don't get AT&T's U-verse TV service. A combined U-verse/DirecTV union would net AT&T around 26 million video subscribers, would be slightly behind Comcast-Time Warner Cable's combined 30 million subscribers, should both transactions be approved.
 
I wonder what would happen to AT&T's U-verse TV services if this deal were to be successful?
 
What now happens to Dish? Could Verizon buy Cox (they have a sales joint-venture in several markets) Could CenturyLink join in the media mergers?
 
Mario500 said:
I wonder what would happen to AT&T's U-verse TV services if this deal were to be successful?
Click to expand...

I have been wondering the same thing. U-Verse TV has been a headache for them for some time. It is apparently the reason they have not implemented data caps. They supposedly can't separate the IPTV and regular internet for usage meters, though I don't know if I believe that. Plus there are a lot of U-Verse customers that cannot get the TV offering due to distance or being on IP-DSL. So maybe they will transition customers to DirecTV. But at the same time, I can't see them abandoning it. Maybe they will somehow combine the two.

desertv said:
What now happens to Dish? Could Verizon buy Cox (they have a sales joint-venture in several markets) Could CenturyLink join in the media mergers?
Click to expand...

Dish has been looking to acquire wireless companies lately. They even considered buying DirecTV again not too long ago. Verizon doesn't seem to want to be in the wireline business anymore. We could actually see them sell off some of their assets. Centurylink is kind of just floating along doing their own thing.

At&t is selling most of their Connecticut wireline assets to Frontier. Comcast is of course trying to buy Time Warner. Sprint is trying to buy T-Mobile. Charter has made it clear they want to buy up some companies. They will likely buy the customers Comcast divests and would probably like to swallow up Cox. It's the year of media consolidation it seems.
 
I doubt ATT and even Comcast care anymore. I live in Chicago and I have DSL. My router/modem on the DSL died. I tried to get upgraded to ATT Uverse, but they don't serve my part of Chicago, (NW Side) for Uverse. OK I called Comcast, though I hate them, and they said, they can do cable TV but not Internet at my address.

So here you'd think in the 3rd largest city of America, you'd have choices, but there are pockets even in big cities where you simply can't get service. And I doubt Comcast or ATT will be putting in service into my area ever.
 
We have Comcast here in New Britain, CT. AT&T U-Verse is available in parts of greater Hartford.

Here's a new question for one and all: What happens with DirecTV and NFL Sunday Ticket? :confused:
 
AT&T UVerse customer service, including their use of the phone menu, is pretty bad. I don't know how DirecTV's is currently.
 
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