AT&T tryna snatch DirecTV :sadcam:

Lord Beasley

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AT&T has started discussions with DirecTV to possibly buy the satellite-TV operator, according to a report in The Wall Street Journal.
Citing unnamed sources, the paper reported Wednesday evening that DirecTV would be "open to a deal."
AT&T and DirecTV couldn't be reached for comment. However, if confirmed the move would be the latest sign of possible changes for the television industry, which is going through a period of consolidation.
DirectTV shares were up nearly 6% at $82.14 in mid-morning trading Thursday. Shares of AT&T were up fractionally at $35.75.
If the two sides ever come to an agreement, it would be one of the largest — if not the largest — pay-TV industry acquisitions, possibly even surpassing Comcast's deal to buy Time Warner Cable for $45 billion.
As of Wednesday, DirecTV's market value totaled about $39.6 billion.
DirecTV, based in El Segundo, Calif., had $8.6 billion in revenue last year and provides satellite-TV service to about 20 million subscribers in the U.S. and 17 million in Latin America.
In March, unconfirmed reports surfaced that Dish Network was potentially interested in a merger with DirecTV.
Dallas-based AT&T's U-Verse TV service, which uses fiber optic lines, gained 201,000 customers in the first quarter to reach 5.7 million. AT&T is the U.S.'s largest telecoms operator
Report: AT&T eyes DirecTV for acquisition
we're about to be fukt as consumers........ i can't take it.....
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Lord Beasley

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Still?

Its one of the most profitable and biggest companies in the wrold :skip:

2nd largest in the U.S........... but they some hoes. I have my cell thru them cuz i'm just to lazy to switch. (was an OG Cingular:blessed: breh when they got bought out :sadbron:) I still type in cingular.com to pay my bills :pacspit:
 

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I was an engineer for att and they've been working with directv for years to combine fiber optic and satellite tech in areas that couldn't get uverse. They did a trial in parts of San Francisco and in the Orlando area. It was all under the uverse name but it wasn't uverse at all. And for that very reason I own stock in both :blessed:
 
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