AT&T rumored to be finalizing $50 billion DirecTV buyout

AT&T is reportedly willing to spend a ton of money to acquire DirecTV, the biggest satellite TV provider in the U.S. Today, Bloomberg reports that AT&T could pay as much as $50 billion to aquire DirecTV, although the deal has yet to be finalized.

Bloomberg's story, based via unnamed sources, claims that the two companies are still debating the final price of the deal, which will depend on how much cash and stock AT&T is willing to pay. The report claims the final price could reach $100 a share.  If such a deal is announced, it would have to be approved by U.S. regulators. AT&T previously was unable to close a deal to purchase rival wireless company T-Mobile in 2011 due to pressure from the FCC and the Department of Justice. A proposed merger of both DirecTV and its main rival, Dish Network, back in 2002 was also blocked.

DirecTV currently has over 20 million subscribers in the U.S. and is currently expanding into the Latin American market as well. Those growth numbers might be attractive to AT&T, who could be looking to add satellite TV to its phone, wireless, Internet and U-Verse TV offerings.

Source: Bloomberg | DirecTV van image via Shutterstock

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Fezmid said,
Please no... This might be what pushes me to cut the cord for good.

If they have NFL Sunday Ticket for AT&T users I may switch carriers... =)

M_Lyons10 said,
Wow... Just when you thought DirecTV couldn't possibly get any worse.

I hope this isn't true...


Get any worse? DirecTV rocks. Best customer service I've ever experienced.

Fezmid said,

Get any worse? DirecTV rocks. Best customer service I've ever experienced.

HAHAHA... Well, if you say so...

I'm sure the majority of people that actually have DirecTV will have had similar experiences to myself...

M_Lyons10 said,

HAHAHA... Well, if you say so...

I'm sure the majority of people that actually have DirecTV will have had similar experiences to myself...


I've had DirecTV since 1999. Their customer service has been top notch every time I've called. Heck, they've given me credits on things that aren't even their fault. For example, one year we had a freak snowstorm that covered my dish. They sent someone out, but because there was too much ice, the guys couldn't go on the roof. I called DirecTV back again and they offered me a $250 credit on my bill. The snow melted 2 days later, so they paid me for ~3 months of service for losing 2 days. Show me another company that bends over backwards for their customers like that.

Also, you'll see most of the comments in this thread mirror what I'm saying, so I think maybe it's just you... ;)

US companies are trying to form monopolies in all these telecom industries, just watch theres nothing you can do with this level of corruption. They will keep trying until theres money out of politics

SHS said,
In this case Satellite is not telecom industries like Land Line, Cable, Wireless, Cellular and ect.

The word telecommunication was adapted from French. It is a compound of the Greek prefix tele- (τηλε-), meaning "distant", and the Latin communicare, meaning "to share". - wiki

nothing to do with wires

This is dumb, AT&T has been broken up by courts twice now just like Microsoft was. Why would they think this would go through?!

That has to do with telephone service only after all they where making a killing off of it and chances are it will go thru why because FCC can only assign frequencies for satellites to broadcast digital audio/video to homes and cars, the FCC only regulates the technical broadcast spectrum frequencies only. Program content is unregulated. However, the FCC has tried in the past to expand its reach to regulate satellite radio and cable television but failed, and its options are still open to attempt such in the future, why do think satellites cost so much more in fact if where to compare services you see cable is still much cheaper more so by going with the Triple Play (TV, Internet & Phone) even with over price Comcast it still come out cheaper.

I personally see it as an FTC issue rather than FCC. I don't think the FCC would have anything to do with it as you touch on...

92GTA said,
This is dumb, AT&T has been broken up by courts twice now just like Microsoft was. Why would they think this would go through?!

Microsoft was never broken up.

92GTA said,
Looks like you're right, I remember all the new stories like this:
http://news.cnet.com/Judge-Mic...two/2100-1001_3-241578.html

But I guess it never went thru and they got lucky

Unfortunately the judge started talking about Bill having a Napoleonic attitude plus numerous other sound bites which bought into question his impartiality in the case then add to that the Bush administration cutting funding to the DOJ thus forcing them to wind up the case faster and the net result is what we see today. With that being said it is interesting that the market has done more to punish Microsoft than the DOJ could ever do given the growth of tablet and phone sales with Apple and Google dominating the OS market. Then add to that the rise of non-Microsoft operating systems in the tablet and phone market thus reviving OpenGL combined with Sony beating Microsoft in terms of Playstation sales (it's own OS based on BSD and using OpenGL) it appears that the tactics of Microsoft in the past are no longer applicable to 2014 and going forward.

I have been reading these sad news lately and I really hope this DOES NOT get approved, DirecTV is one of the few companies left with top of the line customer service, I have used them for over a decade and I have always got world class experience.

On the other hand I absolutely despise AT&T that has to be one of the worst companies I have ever had to deal with in my entire life,let alone they have the most over priced products on the planet, please no!

Ely said,
I have been reading these sad news lately and I really hope this DOES NOT get approved, DirecTV is one of the few companies left with top of the line customer service, I have used them for over a decade and I have always got world class experience.

On the other hand I absolutely despise AT&T that has to be one of the worst companies I have ever had to deal with in my entire life,let alone they have the most over priced products on the planet, please no!


That is what I was going to say.

I agree with Ely. I absolutely despise AT&T. I moved away from them 3 years ago and will do so again if this purchase is approved, regardless of DirecTV's reputation.

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