Home | About | Donate

Why The AT&T-DirecTV Deal is the Dumbest, Most Wasteful Deal Ever (at Least Since Comcast–Time Warner Cable)


#1

Why The AT&T-DirecTV Deal is the Dumbest, Most Wasteful Deal Ever (at Least Since Comcast–Time Warner Cable)

S. Derek Turner

Well, the rumors were true.

On Sunday, AT&T announced that it’s buying DirecTV, the nation’s top satellite-TV company, for a total transaction value of $67.1 billion (that’s $48.5 billion in cash and equity, plus $18.6 billion in debt).