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.
AT&T has agreed to extend its 1 Gbps FTTP service to more E-rate eligible schools and libraries in its wireline footprint as one of the concessions of its now-completed acquisition of DirecTV.
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, CenturyLink and Verizon are heeding requests from the FCC and a coalition of 45 state attorneys to develop methods to block automated telemarketing calls, otherwise known as robocalls, reports Bloomberg.
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.
Dish Network confirmed the FCC is poised to deny $3.33 billion in bidding credits to two affiliates that won airwaves in the AWS-3 spectrum auction that ended in January, dealing a financial blow to Dish.
It looks as though unlikely allies have their limits. Earlier this month, a diverse coalition of broadcasters and unlicensed spectrum advocates rallied to get the FCC to reject a staff recommendation on a "duplex gap" plan related to next year's incentive auction. Now the National Association of Broadcasters (NAB), while saying it still prefers the compromise worked out more than a year ago, is suggesting another compromise--one that unlicensed spectrum advocates are not so keen on.
In what could be the sign of a turning point in a multi-year saga, LightSquared and GPS device firm Trimble indicated that they are willing to engage in settlement discussions to resolve disputes over whether and how LightSquared's spectrum interferes with GPS receivers.
AT&T's $49 billion acquisition of DirecTV may have gotten the green light from FCC Chairman Tom Wheeler, but in giving his support he has asked the telco to stick to its word on its FTTH expansion and not discriminate against online video competitors like Netflix whose applications run over its broadband network.
FCC Chairman Tom Wheeler recommended that the five-member agency approve AT&T's $49 billion purchase of DirecTV, clearing the penultimate regulatory hurdle for the deal, first proposed in May 2014, to finally be approved.