Tag Archives: dtv

As officials had signaled earlier the week, the Federal Communications Commission on Friday approved AT&T ‘s (T) $48.5 billion acquisition of satellite TV broadcaster DirecTV (DTV), making AT&T the largest U.S. pay-TV provider. The FCC imposed conditions, however. The combined company will be required to expand its deployment of high-speed, fiber-optic broadband Internet access service to 12.5 million customers and offer broadband services to

With federal regulators poised to approve AT&T ‘s (T) acquisition of DirecTV Group (DTV), the Q2 earnings estimates of both companies have a low bar heading into the merger. AT&T, which reports Q2 earnings after the market close Thursday, is expected to report EPS growth of 2% and revenue growth of 1%, according to analysts polled by Thomson Reuters. DirecTV would normally report Q2 earnings the first week of August, but the merger might close