AT&T’s CEO told Congress Tuesday that his company’s purchase of DIRECTV will help slow increases in programming prices, but won’t lead to a decrease in prices.
In an attempt to curry favor with regulators, AT&T said that, if it’s allowed to buy DIRECTV, it will be able to afford an expansion of fiber connections into more homes.
Priming itself for the age of internet-delivered video, AT&T said that it would buy DIRECTV for $48.5 billion in cash and stock, or $95 per share.
Dallas-based AT&T says it is buying El Segundo, Calif.-based DirecTV for $95 per share, or $49 billion.
The Manning Brothers release a rap video, a little girl’s t-shirt sparks controversy, and a strong guy is no match for a water bottle.
It seems that even television is going to the dogs! Instead of chasing their tails, running and jumping your dog could soon just kick back and tune in to network just for them.
DIRECTV subscribers in 19 markets have regained access to a host of channels that had been blacked out since Sunday because of a contract impasse.
Tribune Broadcasting said there’s been no settlement with DirecTV Inc. in their contract negotiations, which means DirecTV subscribers in 19 U.S. markets are losing access to certain programming.