AT&T says DirecTV deal will reduce programming costs by 20%

AT&T (NYSE: T) has told federal regulators that its proposed acquisition of DirecTV could give it more muscle to reduce programming costs by 20 percent. Citing 8-K documents filed with the Securities Exchange Commission, FierceCable reports that AT&T will achieve $1.6 billion in "synergies" over the first three years by combining forces with DirecTV (NASDAQ: DTV), with most of that yield coming from better negotiating terms with content providers. Read more


Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.