AT&T eying DirecTV takeover in a move that could make it America’s top pay TV provider

%name AT&T eying DirecTV takeover in a move that could make it America’s top pay TV provider by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

With Comcast and Time Warner Cable fighting to merge, AT&T has no intentions of sitting idle. The Wall Street Journal on Wednesday night reported that AT&T has approached satellite TV giant DirecTV about a possible acquisition. As the report notes, such a deal would instantly propel AT&T from being a somewhat small player in the pay TV market to being the No. 2 provider in a post-Comcast/TWC merger world. Should Comcast’s acquisition fall through, a DirecTV deal would make AT&T the top pay TV provider in the country with nearly 26 million subscribers, after adding DirecTV’s 20 million households to its own 5.7 million. The Journal notes that such a deal would be worth at least $40 billion, which is DirecTV’s current market capitalization.

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