It's one of the biggest telecommunications deals in recent memory. We're talking $48.5 million big.
AT&T has bought DirecTV in a major buyout. But unlike the Comcast-Time Warner Cable deal nixed by the FCC, this one could actually lower your prices, and it's all thanks to competition.
With over 26 million combined customers, this merger will serve an enormous chunk of the United States population. To ensure that the merger didn't run away with the public's money, the FCC imposed several conditions that must be met by the huge telecommunications company.
“The proposed order outlines a number of conditions that will directly benefit consumers by bringing more competition to the broadband marketplace,” said FCC Chair Tom Wheeler in a public statement.