Today's Hard|Forum Post
Today's Hard|Forum Post

Monday May 12, 2014

AT&T To Buy DirecTV For $50B

AT&T is digging deep in the ol' couch cushions to buy DirecTV.

AT&T could close a deal to buy DirecTV for roughly $50 billion in as little as two weeks, the Wall Street Journal reported Monday. The purchase would allow AT&T to expand its television footprint in the US, an attractive move for the telecommunications company, who, like its competitors, continues to compete with cable companies for customers who want bundled services for TV, broadband, wireless and home phone.