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DirecTV - News, Features, and Slideshows
AT&T now says it will continue its already-announced fiber optic network expansion to 100 cities, backtracking on comments by AT&T CEO Randall Stephenson after President Obama voiced support for net neutrality last month.
The Federal Communications Commission on Friday formally requested that AT&T provide all documents and data related to its planned fiber-optic cable buildouts nationwide.
AT&T plans to acquire DirecTV for about US$50 billion, it announced Sunday, laying to rest days of reports based on anonymous sources that such a deal was in the offing.
AT&T is in advanced talks to acquire DirecTV for about $50 billion, according to published reports.
AT&T has approached satellite provider DirecTV about a possible acquisition, in a bid to more closely integrate TV and broadband services, according to the Wall Street Journal.
AT&T's apparent interest in DirecTV is only the latest move by the wireless carrier to expand into just about every wired and wireless market it can.
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