ATT, DirecTV Mega-Merger May Go Through
An anonymous reader writes: Hot on the heels of Comcast's failed attempt to swallow up Time Warner Cable, AT&T's pursuit of satellite provider DirecTV is plowing forward. What would be the result of a wireline and cellular mega-monopoly buying one of only two subscription satellite TV providers? Has to be worse than a Comcast/TWC marriage ... at least there, the territories and services offered didn't overlap at all, but AT&T offers voice, data, and television in many markets already. Adding satellite would stifle competition for television services (and to a lesser extent, because satellite is only best suited for rural installations, data).
Equally bad perhaps? Who cares, block it! The industry is already an oligopoly. Any merger of these companies is unwarranted.
Life is not for the lazy.