Light Reading

AT&T Eyeing a Bid for DirecTV?

Dan Jones
5/1/2014
50%
50%

AT&T is exploring the prospects of buying the satellite TV provider DirecTV in a deal that could be worth $40 billion, according to The Wall Street Journal.

The WSJ cites a source familiar with the situation who says that DirecTV is "open" to the possibility of deal, though it is unclear whether talks are under way.

AT&T Inc. (NYSE: T) would be stepping right on Dish Network LLC (Nasdaq: DISH)'s toes if it managed to snap up DirecTV. Successive Dish CEOs have said that a Dish-DirecTV merger is possible. (See Dish CEO: DirecTV Merger Possible.)

Any deal proposed would, of course, be subject to big-time regulatory scrutiny.

DirecTV's stock was buoyed by the M&A chatter, rising $4.14 (or 5.36%) to $81.75 as of Thursday afternoon. AT&T dropped 25 cents to $35.45.

— Dan Jones, Mobile Editor, Light Reading

(13)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Page 1 / 2   >   >>
MikeP688
50%
50%
MikeP688,
User Rank: Light Sabre
5/4/2014 | 9:57:28 AM
Re: Competitive concerns
Many thanks for your thoughts.  As I reflected upon this, I found this to be o curious read to get a sense of what is perceived with the Cable TV industry itself: 

http://www.techpolicyinstitute.org/blog/2014/04/by-scott-wallsten-and-corwin-rhyan/.

But, beyond this latest "status" on the industry itself, there is the power that will be exerted by the distributors...as exemplified by what happened w/the Weather Channel:

http://mashable.com/2014/04/08/weather-channel-directv-deal/?utm_cid=mash-prod-email-topstories&utm_emailalert=daily&utm_source=newsletter&utm_medium=email&utm_campaign=daily  
kq4ym
100%
0%
kq4ym,
User Rank: Light Sabre
5/4/2014 | 9:00:39 AM
Re: Competitive concerns
I not long ago elected to dump DirecTv after making the decision that I just wasn't getting my money's worth for the amount of cable tv I digested. Plus, the ever increasing subscription fees didn't convince me to hang on to what had been a decades long relationship.

AT&T would surely be after the huge subscription list to add to it's customer base as well as the opportunities to enter a new business profit area. But, lots of scrutiny would surely come along with that move.
MikeP688
50%
50%
MikeP688,
User Rank: Light Sabre
5/3/2014 | 7:57:47 AM
Re: What say you?
It is truly an intriguing prospect--yet we have players, though, getting into the content side of it too--as exemplified already by Comcast controlling NBC.   We the ordinary folks seem not to matter--which is exactly to your point the kind of 2nd hand programmning we've been subjected to.    We do live in very very interesting times. :-)
MikeP688
50%
50%
MikeP688,
User Rank: Light Sabre
5/3/2014 | 7:53:06 AM
Re: What say you?
It will "intriguing" if Dish is able to eat up DirectTV--but I doubt it at this stage right now.  With all the changes right now, who knows.  Anything is possible.   The only fear I have, though, is that the we the average consumer will be left in the dust of it all.

 

 
sam masud
50%
50%
sam masud,
User Rank: Light Sabre
5/2/2014 | 4:47:30 PM
Re: What say you?
Mike,

What would prevent those same subs to just say no to AT&T and jump to Dish instead?
jabailo
50%
50%
jabailo,
User Rank: Light Sabre
5/2/2014 | 1:43:10 PM
Re: Competitive concerns
I can get DirecTV as part of a package deal with fiber from my local phone company, CenturyLink...so it's already positioning itself for delivery over high capacity broadband (and 5G).

 
mendyk
50%
50%
mendyk,
User Rank: Light Sabre
5/2/2014 | 10:05:57 AM
Re: What say you?
MikeP -- To your point (sort of), what's intriguing here is the idea that consolidation among video service providers could pressure content conglomerates to lower their fees for distribution rights. I doubt this would benefit customers in a meaningful way, but it would at least put the brakes on the likes of ESPN/Disney, which is now very comfortable soaking video service providers while delivering increasingly second-rate programming.
MikeP688
50%
50%
MikeP688,
User Rank: Light Sabre
5/2/2014 | 9:47:09 AM
Re: What say you?
For sure, there is never a dull moment in our ever changing World.   I chatted w/one of my students who actually works for DirectTV and he was as intrigued as the rest of us.    There is a sense of Scale for sure.  But, DirectTV and AT&T have had a solid partnership for quite some time--can it be that they will get them out and transition them all to UVERSE? 
KBode
50%
50%
KBode,
User Rank: Light Sabre
5/2/2014 | 8:50:42 AM
Re: What say you?
I just don't think regulators would be keen on eliminating one of the major video competitors, but it's not clear where Wheeler would stand. After all, he's stated he would have approved AT&T's takeover of T-Mobile.

Companies must be getting a good read on a likely approval for Comcast Time Warner Cable, as they seem happy to try and push for deals you wouldn't think would normally get approved (Sprint T-Mobile). "Hell, you approved that deal, why not ours?"
Page 1 / 2   >   >>
Flash Poll
From The Founder
The New IP is actually bigger even than business. Like another hugely important tech that Light Reading is digging into right now, the New IP has the potential to change the world by fundamentally advancing what it is possible for people to achieve with communications.
LRTV Interviews
In the Cloud With Telecom Italia

3|5|15   |   7:10   |   (0) comments


Light Reading CEO Steve Saunders sits down with Telecom Italia's Simone Battiferri at Mobile World Congress to discuss virtualization, agility and the economic advantages of the cloud.
LRTV Huawei Video Resource Center
New Ways of Working

3|5|15   |   4:24   |   (0) comments


At the ICT Leaders Roundtable, hosted jointly by Light Reading and Huawei at the Hotel Renaissance in Barcelona just prior to Mobile World Congress, Hong Kong Telecom's Michael Yue explains how the transformation in its business has changed its customer relationships.
LRTV Huawei Video Resource Center
Bridging the Digital Gap

3|5|15   |   4:03   |   (0) comments


At the ICT Leaders Roundtable, hosted jointly by Light Reading and Huawei at the Hotel Renaissance in Barcelona just prior to Mobile World Congress, Boingo's Dr. Derek Peterson explains how ICT can help telcos bring the physical and virtual worlds closer together.
LRTV Huawei Video Resource Center
Making the Internet of Things Affordable

3|5|15   |   2:42   |   (0) comments


At the ICT Leaders Roundtable, hosted jointly by Light Reading and Huawei at the Hotel Renaissance in Barcelona just prior to Mobile World Congress, Telefonica's Dr. Mike Short explains how the Internet of Things demands a new low-cost approach to connectivity from telcos.
LRTV Huawei Video Resource Center
Evolution, Not Revolution

3|5|15   |   2:00   |   (0) comments


At the ICT Leaders Roundtable, hosted jointly by Light Reading and Huawei at the Hotel Renaissance in Barcelona just prior to Mobile World Congress, Heavy Reading's Patrick Donegan explains why telcos can't be too hasty in their efforts to transform themselves.
LRTV Custom TV
Management & Orchestration Enablement Strategies Required for NFV Commercial Success

3|5|15   |   6:22   |   (0) comments


NFV commercial success rests on successful service orchestration strategies which can span heterogeneous physical, virtual, legacy and next-gen networks. Network data and security integrity are additional key aspects. Nakina provides a suite of orchestratable network integrity applications built on an open, scalable MANO enablement platform.
LRTV Huawei Video Resource Center
The Power of Five Convergences in OceanStor OS

3|4|15   |   6:24   |   (0) comments


OceanStor OS is Huawei's brand-new storage operating system. While inheriting the consistent high stability, reliability and performance from the company's previous storage products, OceanStor OS abounds in new converged storage features. Specifically, the new storage operating system achieves "five convergences" to lift storage convergence to a higher level.
LRTV Huawei Video Resource Center
4K Brings Extreme Video Experience

3|4|15   |   8:10   |   (0) comments


4K video is a hot topic in the video industry. It will certainly bring an extreme video experience to end users. At the same time, however, it will also pose a big challenge to operators. Check out this Huawei 4K experts' discussion about how operators can achieve success in 4K video service.
LRTV Interviews
DT's Virtualization Vision for Europe

3|4|15   |   10:23   |   (0) comments


Light Reading CEO Steve Saunders talks virtualization, cloudification and standards with Deutsche Telekom's Axel Clauberg at Mobile World Congress.
LRTV Custom TV
ZTE's Wireline at MWC 2015

3|4|15   |   6:35   |   (0) comments


Light Reading speaks with Jane Chen, ZTE's Senior VP of Wireline Business, about innovations in her product line at Mobile World Congress.
LRTV Custom TV
ZTE at MWC 2015

3|4|15   |   4:24   |   (0) comments


Dr. Dick Chen of ZTE USA gives Light Reading an overview of what's new at ZTE's pavilion at Mobile World Congress 2015.
LRTV Interviews
Ericsson CEO Talks Telco Data Center Tech

3|4|15   |   05:45   |   (1) comment


At Mobile World Congress, Ericsson CEO Hans Vestberg discusses telco data center technology, business models, small cells and more.
Upcoming Live Events
March 17, 2015, The Cable Center, Denver, CO
April 14, 2015, The Westin Times Square, New York City, NY
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
June 10, 2015, Chicago, IL
All Upcoming Live Events
Infographics
Net neutrality, broadband services and the current outlook on data consumption, as presented by the New Jersey Institute of Technology.
Hot Topics
Internet Pioneers Decry Title II Rules
Carol Wilson, Editor-at-large, 3/2/2015
Wheeler: We'll Enforce Title II 'Case-By-Case'
Sarah Thomas, Editorial Operations Director, 3/3/2015
New CenturyLink CTO in Major Overhaul
Carol Wilson, Editor-at-large, 3/4/2015
Verizon Takes Radio Dot to Detroit, VoLTE Overseas
Sarah Thomas, Editorial Operations Director, 2/27/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Light Reading CEO Steve Saunders talks transformation and virtualization – including Light Reading's independent testing of the vendor's virtualization solutions – with Cisco CEO John Chambers at Mobile World Congress in Barcelona.
Check out Light Reading's interview with Jay Samit, the newly appointed CEO of publicly traded SeaChange International Inc. With a resume that includes Sony, EMI, and Universal, Samit brings a reputation as an entrepreneur and a disruptor to his new role at the video solutions company. Hear what he had to say about the opportunities in video, as well as the outlook for cable, telco, OTT and mobile service providers.