News

AT&T, DirecTV close to deal: reports

By Sun-Times Wire

AT&T Inc. and DirecTV are close to finalizing a takeover, a deal that might value the largest U.S. satellite TV company at $50 billion. Bloomberg reports DirecTV management would continue to run the company as a subsidiary of AT&T.

A deal could be announced within two weeks, according to The Wall Street Journal.

Brewing telecom deals bring long-promised future into view (Wall Street Journal)

Why Comcast should cheer for AT&T to buy DirecTV (Forbes)

Dish is ready to pounce on T-Mobile as DirecTV too pricey (Bloomberg)

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