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AT&T Agrees to Purchase DirecTV (Was: ATT looking to buy Direct TV)


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#151 OFFLINE   jimmie57

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Posted 12 May 2014 - 02:58 PM

Several news people are saying this could happen in as little as 2 weeks.


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#152 OFFLINE   RAD

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Posted 12 May 2014 - 03:15 PM

One of the 'two weeks' stories, http://www.marketwat...ome_latest_news


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#153 OFFLINE   Mark Holtz

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Posted 12 May 2014 - 03:19 PM

From MarketWatch:

AT&T could strike deal for DirecTV in two weeks

AT&T Inc. is moving quickly to seal a takeover deal with DirecTV, with an agreement between the two communications giants as little as two weeks away, people familiar with the matter said.

The two sides are discussing a deal that AT&T would pay for using a mix of cash and its stock, the people said. AT&T would likely pay a premium to DirecTV’s share price Monday, one of the people said.

FULL ARTICLE HERE

Update: I'm checking news.google.com, and all of the reports are essentially saying the same thing.

"In an effort to increase your cable and satellite bills beyond the point of affordability and to further pad the pockets of our executives..."
Check out my list of links.


#154 OFFLINE   damondlt

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Posted 12 May 2014 - 03:53 PM

Nice, I hope it does happen, only problem I see, what benefit would it be if ATT doesn't even serve half the country with Internet service?
Ok you can bundle your cell service, But what about internet at home?

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#155 OFFLINE   acostapimps

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Posted 12 May 2014 - 03:53 PM

If it does happen and it changes my Directv service somehow, which I don't think it would,  It would depend what the changes would come about to consider it good or not,  If not good bye bye Directv and i'll have to eat up the ETF.


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#156 OFFLINE   JosephB

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Posted 12 May 2014 - 04:03 PM

Nothing new, but the fact that there is a "new" story out today about the two weeks thing means that they're serious this time. Every other time there's been talk about AT&T buying Dish or DirecTV, it's been one story, unofficial, about them thinking about it. Now they've actually approached DirecTV, both sides have hired advisors, and there's new leaks coming to keep the story fresh. Obviously not 100%, but I see it happening this time.



#157 OFFLINE   James Long

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Posted 12 May 2014 - 04:12 PM

Update: I'm checking news.google.com, and all of the reports are essentially saying the same thing.


The curse of Internet news ... a lot of copycat / syndication / circle feeding "news" outlets. Keep calm - find the source.
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#158 OFFLINE   Stuart Sweet

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Posted 12 May 2014 - 04:14 PM

It's too early to say that it's true, and too late to say that it's untrue.
Opinions expressed by me are my own and do not necessarily reflect
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#159 OFFLINE   inkahauts

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Posted 12 May 2014 - 04:17 PM

Stuart Sweet the business poet. :). Very true!

#160 OFFLINE   242424

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Posted 12 May 2014 - 04:54 PM

The wailing and grinding of teeth will be epic here...... 



#161 OFFLINE   damondlt

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Posted 12 May 2014 - 04:57 PM

So much for that Dish Directv merger.

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#162 OFFLINE   TheRatPatrol

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Posted 12 May 2014 - 05:12 PM

AT&T Ups Offer For DirecTV to $50 Billion (Report)

http://www.hollywood...ps-offer-703413

Mike White may go!

Executives at DirecTV and AT&T are figuring on a 12-month regulatory process before such a merger earns governmental approval, and DirecTV chief executive officer Mike White could exit the company after the merger, or perhaps even prior to its completion.


Edited by TheRatPatrol, 12 May 2014 - 05:18 PM.


#163 OFFLINE   CraigerM

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Posted 12 May 2014 - 05:24 PM

What if ATT gets rid of the DTV name and the DTV boxes they would have the UVerse logo on them? Then it would then be UVerse satellite?



#164 OFFLINE   damondlt

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Posted 12 May 2014 - 05:28 PM

What if ATT gets rid of the DTV name and the DTV boxes they would have the UVerse logo on them? Then it would then be UVerse satellite?

I doubt they are getting rid of anything.

Yes maybe some of the Newer stuff, may have the att name on them, but that's nothing new for Directv since even at the Start of Directv, Huges, Tivo, Samsung, Phillips,RCA and Sony , had their names on most of Directvs equipment.

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#165 OFFLINE   charlie460

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Posted 12 May 2014 - 06:02 PM

If this does happen, I'm hoping it wouldn't affect PQ too much. U-Verse seems noticably more bitstarved than DirecTV.



#166 OFFLINE   damondlt

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Posted 12 May 2014 - 06:06 PM

If this does happen, I'm hoping it wouldn't affect PQ too much.

And in what wild thought did this cross your mind?


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#167 OFFLINE   tonyc

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Posted 12 May 2014 - 06:33 PM

Well I rather it be ATT than DISH i have dealt with there customer service before terrible.

But I hope ATT does not change DTV's Customer service Model, I don't like speaking to tech support from India

nothing against the people , They are just so robotic when  they speak drives me crazy especially when they repeat every thing back i say to them and then apologize.



#168 OFFLINE   JosephB

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Posted 12 May 2014 - 07:09 PM

A WSJ story today says that the current thought is that the company would be run "as a unit of AT&T" meaning not necessarily integrating it with the rest of AT&T. I would suspect that this would ultimately spell the end of U-Verse's video product.

 

What if ATT gets rid of the DTV name and the DTV boxes they would have the UVerse logo on them? Then it would then be UVerse satellite?

 

Yes, if AT&T renames it to U-Verse then it would be called U-Verse.  :scratchin

 

If this does happen, I'm hoping it wouldn't affect PQ too much. U-Verse seems noticably more bitstarved than DirecTV.

 

What does U-Verse's current product lineup have to do with DirecTV if AT&T acquires it? U-Verse has crummy picture quality because they have severely restricted bandwidth. The bandwidth available to the satellite product wouldn't change just because AT&T owns it.



#169 OFFLINE   slice1900

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Posted 12 May 2014 - 07:12 PM

If this does happen, I'm hoping it wouldn't affect PQ too much. U-Verse seems noticably more bitstarved than DirecTV.

 

Why would AT&T do that to Directv? A given provider is bit-starved if they lack sufficient bandwidth to carry their channel load. Unless U-Verse added a bunch of HD channels, there is no point to turning down HD quality on Directv. It would be like putting all your stuff in three rooms of your house and leaving three other rooms completely empty. You could do it, but why would you?


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#170 OFFLINE   john18

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Posted 12 May 2014 - 07:12 PM

I will be so out of here as soon as my commitment is complete, especially since Google Fiber may well be coming here.  

 

AT & T will perhaps learn that putting out junky products in the name of shareholder revenue can come back and bite you in the rear end at some point in time.



#171 OFFLINE   JosephB

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Posted 12 May 2014 - 07:14 PM

I will be so out of here as soon as my commitment is complete, especially since Google Fiber may well be coming here.  

 

AT & T will perhaps learn that putting out junky products in the name of shareholder revenue can come back and bite you in the rear end at some point in time.

 

Why wouldn't you wait to see if they actually put out a junky product?



#172 OFFLINE   tonyd79

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Posted 12 May 2014 - 07:18 PM

Why wouldn't you wait to see if they actually put out a junky product?


Yes. I can see being leery but it all depends on what they deliver and how. They may run it independently. They may not. Better to wait and see.
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#173 OFFLINE   carlsbad_bolt_fan

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Posted 12 May 2014 - 07:19 PM

Why wouldn't you wait to see if they actually put out a junky product?

Because of AT&T's track record. Those of us who have dealt with AT&T over the past 30 years know it's only a question of WHEN they lie to a customer or screw things up.


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#174 OFFLINE   slice1900

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Posted 12 May 2014 - 07:24 PM

Everyone seems to be so worried about what negative things may happen to Directv if AT&T buys them out. Does no one see a chance of positive outcomes? Nobody thinks there's a chance of the things were Directv falls short improving if AT&T owned them? You'd think Directv was the greatest and most well-run company in the world that could only be hurt and never be improved upon with all the doom and gloomers here talking about how bad this acquisition would be.

 

Directv isn't exactly well diversified, to put it mildly, and if things started turning sour for the satellite TV business in general Directv customers would be a lot better protected being part of a more diversified company like AT&T rather than having all their eggs in the satellite basket which could quickly become a downward spiral if the cord cutting movement goes from a trickle to a flood and cable/satellite starts bleeding customers. AT&T has their wireless and U-verse internet to fall back on if that happens, Directv and Dish have....nothing.

 

There has been some discussion about Dish eventually doing something useful with all the cellular bandwidth they own, but they'll have to invest billions putting up towers. With AT&T, Directv would immediately have access to that, without needing to put up a single tower. I don't really know what they could do with it, but presumably Charlie Ergen does since he's spent billions on. If/when someone figures that out, Directv goes from a much worse position than Dish to do it to a much better position than Dish overnight.


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#175 OFFLINE   Road Rage

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Posted 12 May 2014 - 07:25 PM

I will cancel DTV the moment this goes official, been a sub since 1996. I absolutely hate AT&T, it's one company I wish Al Qaeda would invade. Anyone who has ever been a customer of theirs know how much of a nightmare they are.


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