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Posts Tagged ‘aborted attempt’

By Christine Murray MEXICO CITY (Reuters) – For a generation, ATT and Mexican billionaire Carlos Slims telephone business stood side by side and grew to become giants of the industry north and south of the Rio Grande. Now, ATT Incs planned $48.5 billion purchase of U.S. satellite provider DirecTV is severing a connection with Slim […]

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For ATT, the deal is mainly about gaining scale in video and acquiring the bargaining power that comes with that to license premium content — particularly with the looming specter of a tie-up between Comcast and Time Warner Cable. ATT will combine its 5.7 million U-verse TV customers with DirecTVs roughly 20.3 million US subscribers. NFL […]

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If DirecTV fails to lock up NFL Sunday Ticket beyond this coming season, ATT has given itself the right to back away from the colossal $48.5 billion acquisition announced yesterday. The out clause contained in the proposal’s fine print shows just how valuable of a property the NFL is. The parties also have agreed that […]

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