By Vikas Bajaj; The New York Times ~ Jul 24, 2015
The Federal Communications Commission approved AT&T’s $48.5 billion acquisition of DirecTV on Friday. And, as expected, the commission imposed conditions on the company that should help telecommunications users in many parts of the country.
This deal posed significantly fewer antitrust problems than Comcast’s proposed merger with Time Warner Cable, which would have combined the nation’s largest and second largest cable companies. (The F.C.C. and the Department of Justice opposed that deal, forcing Comcast to back out of it.) AT&T is primarily a phone and Internet company with a growing cable-TV business, and DirecTV primarily provides satellite-TV service in the United States and Latin America and is not a big player in broadband or telephone services.
