Twitter & Facebook
CWA News
« Update on Presidential Endorsement | Main | AT&T Embracing Net-Neutrality Rules It Slammed to Speed DirecTV Deal »

DOJ Approves Massive AT&T, DirecTV Merger

AT&T Inc has won U.S. antitrust approval to buy DirecTV for $48.5 billion, an acquisition that will combine the country's No. 2 wireless carrier with the largest satellite-TV provider, the Justice Department said on Tuesday.

"After an extensive investigation, we concluded that the combination of AT&T's land-based Internet and video business with DirecTV's satellite-based video business does not pose a significant risk to competition," Assistant Attorney General Bill Baer of the Antitrust Division said, in a statement.

View Full Article

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
All HTML will be escaped. Hyperlinks will be created for URLs automatically.