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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAT&T tells the FCC that they cannot provide internet and video on their own
AT&T Inc's (T.N) acquisition of DirecTV (DTV.O) would offer consumers access to video in a variety of media and give the company scale to compete with larger cable competitors, AT&T told U.S. regulators on Wednesday.
AT&T, the No. 2 wireless carrier, outlined why its proposed $48.5 billion acquisition of the largest U.S. satellite TV provider would benefit consumers in a filing with the Federal Communications Commission, which will examine whether the merger is in the public interest.
"Each company cannot provide on its own what consumers increasingly demand: an integrated and efficient bundle of high-speed broadband and high-quality video from a single provider, AT&T said in the filing.
A merger would allow customers to save on services through wireless, wireline and television bundles AT&T cannot provide because of its limited video footprint, the company said.
http://www.reuters.com/article/2014/06/11/us-at-t-directv-fcc-idUSKBN0EM2PD20140611
COMMENT: So I guess that whole U-verse product they peddle is just jury-rigged and can fail at any moment, right?
Leme
(1,092 posts)-
wanna bet ?
KeepItReal
(7,769 posts)BUNDLE AWAY!!
Leme
(1,092 posts)JustAnotherGen
(31,924 posts)Its cheaper to buy/merge than build from scratch. It's also a hard sell to communities to rip up the streets to lay fiber. I'm in the borough of a larger town and FIOS ends three blocks down. Borough isn't having it.
ETA - they won big with iPhone - but they hurt themselves 7 years later . . .
Rex
(65,616 posts)BULLFUCKINGSHITONASTEEK!
tritsofme
(17,405 posts)Until about a year ago, we were something like several hundred feet too far from a hub, and we could not get uverse even though for several years neighbors across the street could. I imagine infrastructure like that on a national scale is pretty daunting.
JustAnotherGen
(31,924 posts)They weren't planning ten years ahead.
LeftyMom
(49,212 posts)Comcast's service is awful so that sounds like a punchline, but AT&T was even worse.