FCC Set to Approve AT&T-DirecTV Deal

(Seth Perlman, Reed Saxon/AP)
(Seth Perlman, Reed Saxon/AP)

(USA Today) – FCC Chairman Tom Wheeler said Tuesday he has circulated to his fellow FCC commissioners the agency’s proposed order approving the acquisition, which would create one of the largest U.S. pay-TV providers. AT&T and DirecTV will have to agree to some conditions for the final approval, he said.

In May 2014, AT&T announced its plans to buy DirecTV, a move to expand its television service presence nationally and enhance its buying power vs. TV networks that are demanding higher fees for their programs. Once the merger is complete, AT&T would serve about 26 million TV customers, including about 6 million TV customers who now subscribe to AT&T’s U-Verse service and DirecTV’s 20 million satellite TV service.

“An order recommending that the AT&T/DirecTV transaction be approved with conditions has circulated to the commissioners,” Wheeler said in a statement.


Show More

Related Articles

Leave a Reply

Back to top button

Subscribe today for free and be the first to have news and information delivered directly to your inbox.

By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Adblock Detected

Please consider supporting us by disabling your ad blocker
%d bloggers like this: