Does
AT&T Want to Buy
DirecTV in a $40
Billion Deal?
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 Cable
The Journal estimated 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
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 that bundles television and cellphone service.
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