Saturday, March 11, 2017
AT&T Eyes DirecTV Acquisition for Broadband Video
As AT&T awaits regulatory approval of its $48.5 billion acquisition of DirecTV, AT&T CFO John Stephens said one of the main reasons for the union is broadband video. As AT&T’s U-verse pay-TV business grows, it eyes OTT video as supplementary to linear TV.
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