AT&T has called a proposed $100 million fine levied against it by the FCC for alleged throttling "unprecedented and indefensible."
The just-consummated merger between AT&T and DirecTV has created the largest pay-TV operator in the U.S. with around 28 million subscribers. But Evercore ISI doesn't believe that scale will enable the combined company to overcome endemic pay-TV problems.
Now that the two largest wireless operators have reported their second-quarter earnings, it's a good time to start speculating how they might spend their budgets the rest of this year.
AT&T said it has officially closed on its $49 billion acquisition of DirecTV following FCC approval of the transaction. The news brings to a close a review process that lasted over a year.
AT&T's proposed $49 billion purchase of DirecTV has cleared its final hurdle, according to Reuters, which reported that at least three of the FCC's five commissioners have voted to approve the deal.
AT&T reported losing 22,000 U-verse video customers during the second quarter, a reversal of the 190,000 customer additions the carrier reported during the same quarter a year ago. Conversely, AT&T's rival Verizon reported it added 26,000 net FiOS video subscribers during the period.
Although AT&T appears poised to close its $49 billion acquisition of DirecTV any day now, some see the move by the telecom giant as a step backwards rather than forwards.
The FCC is set to announce that it has signed off on AT&T's $49 billion purchase of DirecTV, ending a 14-month regulatory process.
The American Radio Relay League (ARRL), the national association for amateur radio, filed a formal complaint with the FCC, alleging that the Home Depot chain has been illegally marketing certain RF-ballast lighting devices to consumers in violation of FCC Part 18 rules.
In partnership with OpenSignal, FierceWireless is trying to shed some light on the latency issue, with a closer look at how operators stack up against each other. Special report