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05-01-2014, 08:51 AM
Does AT&T Want to Buy DirecTV in a $40 Billion Deal?
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Telecommunications giant AT&T has made an inquiry to DirecTV about an acquisition of the satellite TV provider, according to a report from the Wall Street Journal.
A combination of the two would create a subscriber television base to rival a**ther recent mega-merger — Comcast's acquisition of Time Warner CableThe Journal estimated (http://online.wsj.com/news/articles/SB10001424052702304178104579534673724368360?mg=re* *64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB1000 1424052702304178104579534673724368360.html) an acquisition would be worth at least $40 billion, roughly DirecTV's market capitalization as of Thursday.
See also: Comcast to Acquire Time Warner Cable in Industry-Shaking Deal (http://mashable.com/2014/02/12/comcast-acquire-time-warner-cable/?utm_medium=feed&utm_source=rss)
DirecTV declined to comment. AT&T did **t immediately return a request for comment.
Adding DirecTV would instantly make AT&T one of the largest subscriber television providers in the US. The two companies have an existing partnership (http://www.directv.com/DTVAPP/global/contentPage.jsp?assetId=3240014) that bundles television and cellphone service. Read more... (http://mashable.com/2014/05/01/att-wants-to-buy-directv-in-a-40-billion-deal-report/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
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Telecommunications giant AT&T has made an inquiry to DirecTV about an acquisition of the satellite TV provider, according to a report from the Wall Street Journal.
A combination of the two would create a subscriber television base to rival a**ther recent mega-merger — Comcast's acquisition of Time Warner CableThe Journal estimated (http://online.wsj.com/news/articles/SB10001424052702304178104579534673724368360?mg=re* *64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB1000 1424052702304178104579534673724368360.html) an acquisition would be worth at least $40 billion, roughly DirecTV's market capitalization as of Thursday.
See also: Comcast to Acquire Time Warner Cable in Industry-Shaking Deal (http://mashable.com/2014/02/12/comcast-acquire-time-warner-cable/?utm_medium=feed&utm_source=rss)
DirecTV declined to comment. AT&T did **t immediately return a request for comment.
Adding DirecTV would instantly make AT&T one of the largest subscriber television providers in the US. The two companies have an existing partnership (http://www.directv.com/DTVAPP/global/contentPage.jsp?assetId=3240014) that bundles television and cellphone service. Read more... (http://mashable.com/2014/05/01/att-wants-to-buy-directv-in-a-40-billion-deal-report/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
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