FCC Approves AT&T's DirecTV Purchase

An anonymous reader writes: The U.S. Federal Communications Commission has granted approval to AT&T to purchase DirecTV for $48.5 billion. AT&T will become the largest provider of cable or satellite TV in the U.S., with 26.4 million subscribers. "Adding TV customers gives AT&T more power to negotiate with big media companies over prices for those channels. The deal also combines a nationwide satellite TV service, the country's largest, with the No. 2 nationwide wireless network as time spent on mobile devices increases." The FCC did put conditions on the deal: AT&T must make fiber internet service available to 12.5 million people, offer cheaper internet plans to low-income customers, and not mess with the internet traffic of online video competitors.

Comments

Choice. Dead.

[Tablizer]

We were looking at going with DirectTV to get away from AT&T, because AT&T sucks rotting puss-filled maggot carcases on a good day.

There goes that plan.