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July 25, 2015

AT&T’s acquisition of DirecTV is complete

by John_A

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If you have visited the AT&T web site in the last day, you may have noticed some prominent advertising for DirecTV. That is a result of AT&T concluding their acquisition of DirecTV once the government decided it would not stand in the way. As a result, AT&T is now the largest pay TV provider not just in the U.S., but around the globe. Just in the U.S. AT&T will have 26 million customers thanks to the acquisition.

AT&T chairman and CEO Randall Stephenson said in a statement,

“Combining DIRECTV with AT&T is all about giving customers more choices for great video entertainment integrated with mobile and high-speed Internet service. We’ll now be able to meet consumers’ future entertainment preferences, whether they want traditional TV service with premier programming, their favorite content on a mobile device, or video streamed over the Internet to any screen.”

AT&T indicates the new diversification the addition of DirecTV brings to their business will help them continue deployment of their GigaPower fiber Internet access service to 14 million customer locations. AT&T plans to continue to work on joint ventures like Otter Media to develop over-the-top video services.

According to AT&T, existing customers will not notice any changes initially to their services or customer care. Integration between the two companies will take several months. AT&T does anticipate offering new integrated service bundles eventually.

source: AT&T

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