AT&T To Buy DirecTV in $48.5 Billion Deal
Monday, May 19, 2014
AT&T is planning to acquire the nation’s largest satellite provider, DirecTV, for $48.5 billion. The deal comes on the heels of the planned merger of competitors Comcast and Time Warner Cable.
The new AT&T-DirecTV company would offer telephone, internet and pay TV to more customers, including a growing Latin American market.
But, as The Atlantic’s Derek Thompson tells Here & Now’s Jeremy Hobson, this deal, like the Comcast merger, may meet the resistance of federal regulators.