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AT&T

AT&T buys DirecTV, could lead to monopoly

May 24, 2014 by Archived posts Leave a Comment

By Mintimer Avila |Online Editor| AT&T has placed a bid to purchase DirecTV for nearly $50 billion. Consumer reports for 2013 placed AT&T in last position as a result of voice quality issues and low customer satisfaction while Verizon was voted as the top provider. They are hoping to get access to the 20 million homes that DirecTV has already acquired. DirecTV is able to negotiate lower fees for channels than its smaller rivals because of its national reach, according to The Los Angeles Times. This would give them more power to demand lower rates from cable networks. FCC antitrust reviewer Amanda Wait believes that the AT&T merger would give them an equal … [Read more...] about AT&T buys DirecTV, could lead to monopoly

Filed Under: News Tagged With: AT&T, buyout, comcast, DirecTV, FCC, money, Verizon

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