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LOS ANGELES (AP) — AT&T Inc. on Sunday agreed to buy satellite TV provider DirecTV for $48.5 billion, or $95 per share, a deal both companies described as transformational as they seek to take on cable companies and online video providers, delivering content to multiple screens —on living room TVs, PCs, tablets and mobile phones.
With 5.7 million U-verse TV customers and 20.3 million DirecTV customers in the U.S., the combined AT&T-DirecTV would serve 26 million. That would make it the second-largest pay TV operator behind a combined Comcast-Time Warner Cable, which would serve 30 million under a $45 billion merger proposed in February.
originally posted by: Answer
I'd personally rather have 3 or 4 REALLY good companies to choose from than dozens of marginal or terrible ones.
If the merger improves DirecTV's customer service and pricing, I'm all for it.
originally posted by: andr3w68
a reply to: lovebeck
I think you man need to rethink people streaming media. If we don't get this FCC stuff straightened out and get a truly free internet, the only company's able to stream content without it buffering every 2 seconds on 480p resolution will be the same people who provide the cable(sat) services. That is a very scary thought, but its what the FCC is trying to make happen. Only more of a reason to fight these people at every turn.