WSJ: Regulators will probably approve AT&T/DirecTV merger

WSJ: Regulators will likely approve AT&T/DirecTV merger

AT&T’s $forty eight.5 billion DirecTV acquisition probably won’t go the easiest way of Comcast’s equally-sized play for Time Warner Cable, which observed a great deal of regulator pushback. The FCC and Justice Division are nearing the highest of their consider of the deal, and at this degree it appears to be like they won’t be blocking it, sources inform the Wall Street Journal. Regulators might nonetheless end up placing circumstances on the deal, however. It is not onerous to see why the FCC and DOJ uncover the AT&T/DirecTV union additional palatable than the Comcast deal. Whereas the combined agency may be a critical media participant, it won’t monopolize suppliers in any vital strategy. AT&T has moreover devoted to bringing broadband to additional rural areas as part of the deal, which in all probability made the feds warmth as a lot as the availability. The WSJ notes that remaining regulatory approval for the deal might probably be “weeks away” — anticipate points to wrap up shortly as quickly as that happens.

[Photo credit:AP]

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