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AT&T acquires DirecTV
In an unpreceented move, AT&T today agreed to buy DirecTV, the largest US Satelite TV company. The deal was settled for $48.5 billion.
The deal with Dallas,-based AT&T, which has some TV and broadband services, is the latest in a string of big takeovers the wireless operator has considered. Those include an abortive bid for T-Mobile USA in 2011, as well as a potential takeover of Vodafone Plc, which receded as a possibility after Comcast Corp surprised the industry this year with a $45 billion bid for Time Warner Cable Inc.
What do you think is going to be the future of TV and how is this going to impact, if any at all?