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AT&T plans to buy DirecTV - for $50 billion

AT&T plans to buy DirecTV - for $50 billion
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AT&T wants to go big, and DirecTV is the target. The two are in talks for a $50 billion buyout.

DirecTV, the largest satellite provider in the U.S., would become a division of AT&T, which already has wireless, phone and high-speed broadband Internet services.

This move mirrors Comcast's takeover of Time Warner Cable, which hasn't passed regulatory muster yet. That hurdle can be a big one.

More than a decade ago, the government prevented DirecTV and Dish Network from merging, and AT&T had to abandon purchase of T-Mobile because of antitrust concerns.

So are you going to keep your DirecTV or Dish, or will you be looking for a new source? Here's what you need to know if you're thinking about using an online video streaming service.

 

 

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Source: Bloomberg
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