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  • AT&T to Purchase DirecTV for $48.5 Billion


    AT&T has recently confirmed that it is going to acquire satellite television operator DirecTV for $48.5 billion. With a customer base of more than 35 million subscribers as of December 2012, DirecTV is the second-largest pay TV provider in the United States. AT&T notes that this move will help create “a unique new competitor with unprecedented capabilities in mobility, video and broadband services.”

    For Apple, this move potentially means quite a bit. Although the purchase still needs to gain regulatory approval, given the relationship between Apple and AT&T, maybe a future Apple TV could have the option of integrating with DirecTV, which would arguably be a more attractive option than adding a subscription-based Comcast streaming service.

    The Cupertino California company has pursued negotiations similar to this before although the company ran into problems when it tried to convince both Comcast and DirecTV to let customers use their Apple IDs for credentials instead of Comcasts or DirecTV’s systems.

    We’ll have to see if the deal goes through and what it would mean for companies like Apple who apparently continue to work on breaking into the living room behind the wraps.

    Source: Forbes
    This article was originally published in forum thread: AT&T to Purchase DirecTV for $48.5 Billion started by Akshay Masand View original post