{"id":4262,"date":"2015-07-21T14:33:00","date_gmt":"2015-07-21T22:33:00","guid":{"rendered":"http:\/\/associatednews.info\/content\/fcc-set-to-approve-att-directv-merger\/4262\/"},"modified":"2015-07-21T14:33:00","modified_gmt":"2015-07-21T22:33:00","slug":"fcc-set-to-approve-att-directv-merger","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/fcc-set-to-approve-att-directv-merger\/","title":{"rendered":"FCC Set To Approve AT&T-DirecTV Merger"},"content":{"rendered":"

By Krishnadev Calamur<\/a><\/span> <\/p>\n

FCC Chairman Tom Wheeler has circulated an order to his fellow commissioners on the Federal Communications Commission to approve the $48.5 billion merger between AT&T and DirecTV.<\/p>\n

In a statement, Wheeler said the move would bring more competition to the broadband marketplace and benefit consumers.<\/p>\n

“If the conditions are approved by my colleagues, 12.5 million customer locations will have access to a competitive high-speed fiber connection,” Wheeler said. “This additional build-out is about 10 times the size of AT&T’s current fiber-to-the-premise deployment, increases the entire nation’s residential fiber build by more than 40 percent, and more than triples the number of metropolitan areas AT&T has announced plans to serve.”<\/p>\n

Under the terms of the order, AT&T will not be allowed to place data caps on rivals offering video and other content, and it will be required to submit all completed interconnection agreements to the FCC.<\/p>\n

The Wall Street Journal<\/em> reports<\/a> that the Justice Department has signed off on the deal.<\/p>\n

The two companies announced the merger<\/a> in May 2014. As NPR’s Jim Zarroli reported at the time<\/a>:<\/p>\n

\n
\n

“The merger will unite one of the nation’s most powerful telecommunications companies with one of its leading pay-TV services. Together, the two companies will have 26 million pay-TV customers. And the deal will allow AT&T to offer a much more varied menu of services to potential customers.”<\/p>\n<\/div>\n<\/blockquote>\n

The deal would also, in the words of<\/a> The Journal<\/em>, lift “the shadow of AT&T’s bungled attempt to buy T-Mobile US Inc. in 2011 that was blocked by the Justice Department, a misstep that cost the company more than $4 billion in break-up fees and other penalties.”<\/p>\n

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org\/content-only\/faq.php#publishers.<\/em><\/p>\n

Source:: http:\/\/www.npr.org\/sections\/thetwo-way\/2015\/07\/21\/425111198\/fcc-set-to-approve-at-t-directv-merger?utm_medium=RSS&utm_campaign=business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FCC Chairman Tom Wheeler has circulated an order to his fellow commissioners on the Federal Communications Commission to approve the $48.5 billion merger between AT&T and DirecTV.<\/p>\n

In a statement, Wheeler said the move would bring more competition to the broadband marketplace and benefit consumers.<\/p>\n

“If the conditions are approved by my colleagues, 12.5 million customer locations will have access to a competitive high-speed fiber connection,” Wheeler said. “This additional build-out is about 10 times the size of AT&T’s current fiber-to-the-premise deployment, increases the entire nation’s residential fiber build by more than 40 percent, and more than triples the number of metropolitan areas AT&T has announced plans to serve.”<\/p>\n

Under the terms of the order, AT&T will not be allowed to place data caps on rivals offering video and other content, and it will be required to submit all completed interconnection agreements to the FCC.<\/p>\n

The Wall Street Journal<\/em> reports<\/a> that the Justice Department has signed off on the deal.<\/p>\n

The two companies announced the merger<\/a> in May 2014. As NPR’s Jim Zarroli reported at the time<\/a>:<\/p>\n

\n
\n

“The merger will unite one of the nation’s most powerful telecommunications companies with one of its leading pay-TV services. Together, the two companies will have 26 million pay-TV customers. And the deal will allow AT&T to offer a much more varied menu of services to potential customers.”<\/p>\n<\/div>\n<\/blockquote>\n

The deal would also, in the words of<\/a> The Journal<\/em>, lift “the shadow of AT&T’s bungled attempt to buy T-Mobile US Inc. in 2011 that was blocked by the Justice Department, a misstep that cost the company more than $4 billion in break-up fees and other penalties.”<\/p>\n

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org\/content-only\/faq.php#publishers.<\/em><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-4262","post","type-post","status-publish","format-standard","hentry","category-business-2"],"_links":{"self":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/4262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/comments?post=4262"}],"version-history":[{"count":0,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/4262\/revisions"}],"wp:attachment":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media?parent=4262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/categories?post=4262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/tags?post=4262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}