FCC Grants Approval of AT&T-DIRECTV Transaction - Acquisition Completed

Discussion in 'DIRECTV General Discussion' started by APB101, Jul 24, 2015.

  1. Jul 24, 2015 #21 of 321
    harsh

    harsh Beware the Attack Basset

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    Similar deals they currently offer I would imagine.

    http://www.att.com/shop/bundles/directv-internet-phone.html

    They can't afford to knock off a lot as they're looking to boost their profit margin with this merger, not give it away.
     
  2. Jul 24, 2015 #22 of 321
    HoTat2

    HoTat2 Hall Of Fame

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    So are we here for internet. Sister use to have their digital phone service too, but got too expensive.

    She now shares my Ooma Telo unit on a second number.

    Sent from my SGH-M819N using Tapatalk
     
  3. Jul 24, 2015 #23 of 321
    Dude111

    Dude111 An Awesome Dude

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    I quit DirecTV 3 years ago when they tried to force me to rent one of thier crappy boxs!!!! (They kept de-activating my acct cause I was still using my RCA box which was 1000000% better)
     
  4. Jul 24, 2015 #24 of 321
    tzphotos.com

    tzphotos.com Godfather

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    This makes me very nervous. I hope DirecTV's picture quality doesn't go down the tubes. My brother has U-Verse and it's picture quality is terrible compared to DirecTV's HD channels.

    Very Scared... IMHO, DirecTV's PQ can't be beat.
     
  5. Jul 24, 2015 #25 of 321
    jeret

    jeret Mentor

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    Wonder if the CWA (the union) will try and wiggle its way into D*? Then watch the your bill go up. Those benefits aint cheap.
     
  6. Jul 25, 2015 #26 of 321
    camo

    camo Godfather

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    There goes the neighborhood. :nono2:
     
  7. Jul 25, 2015 #27 of 321
    James Long

    James Long Ready for Uplink! Staff Member Super Moderator

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    PRESS RELEASE
    http://www.directvpresscenter.com/press/?p=d1807a80-8f69-4aa8-828a-bb32d8e331f8

    AT&T Completes Acquisition of DIRECTV

    DALLAS, July 24, 2015 /PRNewswire/ -- AT&T Inc. T, +2.15% has completed its acquisition of DIRECTV. The newly combined company – the largest pay TV provider in the United States and the world – will offer millions of people more choices for video entertainment on any screen from almost anywhere, any time.

    "Combining DIRECTV with AT&T is all about giving customers more choices for great video entertainment integrated with mobile and high-speed Internet service," said Randall Stephenson, AT&T chairman and CEO. "We'll now be able to meet consumers' future entertainment preferences, whether they want traditional TV service with premier programming, their favorite content on a mobile device, or video streamed over the Internet to any screen."

    "This transaction allows us to significantly expand our high-speed Internet service to reach millions more households, which is a perfect complement to our coast-to-coast TV and mobile coverage," Stephenson said. "We're now a fundamentally different company with a diversified set of capabilities and businesses that set us apart from the competition."

    AT&T now is the largest pay TV provider in the U.S. and the world, providing service to more than 26 million customers in the United States and more than 191 million customers in Latin America, including Mexico and the Caribbean. Additionally, AT&T has more than 132 million wireless subscribers and connections in the U.S. and Mexico; offers 4G LTE mobile coverage to nearly 310 million people in the U.S.; covers 57 million U.S. customer locations with high-speed Internet; and has nearly 16 million subscribers to its high-speed Internet service.

    Current customers of AT&T and DIRECTV do not need to do anything as a result of the merger. They'll continue to receive their same services, channel lineups, and customer care. Customer account information, online access and billing arrangements remain the same. The integration of AT&T and DIRECTV will occur over the coming months. In the coming weeks, AT&T will launch new integrated TV, mobile and high-speed Internet offers that give customers greater value and convenience.

    With the completion of its DIRECTV acquisition, AT&T will continue to deploy its all-fiber GigaPower Internet access service – the company's highest-speed Internet service, which allows you to download a TV show in as little as three seconds. When the expansion is complete, AT&T's all-fiber broadband footprint will reach more than 14 million customer locations.

    AT&T announced that John Stankey will be CEO of AT&T Entertainment & Internet Services, responsible for leading its combined DIRECTV and AT&T Home Solutions operations. Stankey will report to Stephenson. DIRECTV President, Chairman and CEO Mike White announced his plans to retire.

    "Mike is one of the world's top CEOs and a great leader who built DIRECTV into a premier TV and video entertainment company spanning the U.S. and Latin America," Stephenson said. "He has been a terrific partner and friend, and his legacy will be an important part of our combined company."

    As a result of this transaction, AT&T leads the industry in offering consumers premier content, particularly live sports programming, such as the exclusive rights to NFL SUNDAY TICKET, which gives customers every out-of-market NFL game, every Sunday afternoon, on any screen – TV, mobile devices or PCs. Additionally, the company owns ROOT SPORTS, one of the nation's premier regional sports networks, and has stakes in The Tennis Channel, MLB Network, NHL Network, and GSN (Game Show Network).

    AT&T is also developing unique video offerings for consumers through, among other initiatives, its Otter Media joint venture with The Chernin Group. The joint venture was established to invest in, acquire and launch over-the-top (OTT) video services. This includes its purchase of a majority stake in Fullscreen, a global online media company that works with more than 50,000 content creators who engage 450 million subscribers and generate 4 billion monthly views.

    Under the terms of the merger, DIRECTV shareholders received 1.892 shares of AT&T common stock, in addition to $28.50 in cash, per share of DIRECTV. AT&T will provide complete updated 2015 financial guidance at a conference the company will host for financial analysts in the coming weeks. The conference will be webcast to the public.

    The DIRECTV acquisition significantly diversifies AT&T's revenue mix, products, geographies and customer bases. As a result of this acquisition, as well as AT&T's acquisition of Iusacell and Nextel Mexico, AT&T expects that, by the end of 2015, its largest revenue streams will be, in descending order: Business Solutions (both wireless and wireline); Entertainment & Internet; Consumer Mobility; and International Mobility and Video.

    As part of the Federal Communications Commission's approval of the transaction, AT&T has agreed to the following conditions for the next four years:

    Within 4 years, AT&T will offer its all-fiber Internet access service to at least 12.5 million customer locations, such as residences, home offices and very small businesses. Combined with AT&T's existing high-speed broadband network, at least 25.7 million customer locations will have access to broadband speeds of 45Mbps or higher.

    Within its wireline footprint, the company will offer 1Gbps service to any eligible school or library requesting E-rate services, pursuant to applicable rules, within the company's all-fiber footprint.

    Within AT&T's 21-state wireline footprint, it will offer discounted fixed broadband service to low-income households that qualify for the government's Supplemental Nutrition Assistance Program. In locations where it's available, service with speeds of at least 10Mbps will be offered for $10 per month. Elsewhere, 5Mbps service will be offered for $10 per month or, in some locations, 3Mbps service will be offered for $5 per month.

    AT&T's retail terms and conditions for its fixed broadband Internet services will not favor its own online video programming services. AT&T can and will, however, continue to offer discounted integrated bundles of its video and high-speed Internet services.

    AT&T must submit to the FCC new interconnection agreements it enters into with peering networks and on-net customers for the exchange of Internet traffic. The company will develop, in conjunction with an independent expert, a methodology for measuring the performance of its Internet traffic exchange and regularly report these metrics to the FCC.

    AT&T will appoint a Company Compliance Officer to develop and implement a plan to ensure compliance with these merger conditions. Also, the company will engage an independent, third-party compliance officer to evaluate the plan and its implementation, and submit periodic reports to the FCC.

    AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

    1 Includes DIRECTV Latin America pay TV subscribers as of March 31, 2015, including subscribers of Sky Mexico, in which DIRECTV holds a minority stake.


    About AT&T

    AT&T Inc. T, +2.15% helps millions around the globe connect with leading entertainment, mobile, high speed Internet and voice services. We're the world's largest provider of pay TV. We have TV customers in the U.S. and 11 Latin American countries. In the U.S., our wireless network offers the nation's strongest LTE signal and the most reliable 4G LTE network. We offer the best global wireless coverage*. And we help businesses worldwide serve their customers better with our mobility and secure cloud solutions.

    Additional information about AT&T products and services is available at http://about.att.com. Follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.
     
  8. Jul 25, 2015 #28 of 321
    slice1900

    slice1900 Well-Known Member

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    191 million customers in Latin America? They must have a very large cable presence there. Maybe this deal was as much or more about Latin America as it was the US.
     
  9. Jul 25, 2015 #29 of 321
    inkahauts

    inkahauts Well-Known Member

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    I don't think this will really do much for looking at the deal they cut with Netflix, i see this as asking for the deals between the carriers across areas. (carriers being the companies that supply the bandwidth in areas they don't own, and to other areas that severs are connected, etc..
     
  10. Jul 25, 2015 #30 of 321
    inkahauts

    inkahauts Well-Known Member

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    I think its always been as much about that as it is about the US. That is a much larger growth area, where as here is a more a cash cow area.
     
  11. Jul 25, 2015 #31 of 321
    inkahauts

    inkahauts Well-Known Member

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    Why? I don't get this at all, talking about getting out of contracts and such. Unless something actually happens that is truly bad and consistently bad, and there is an actual better solution, why would you even worry about it right now? It'll take months before they could really begin doing to much anyway.
     
  12. Jul 25, 2015 #32 of 321
    inkahauts

    inkahauts Well-Known Member

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    Like they should have expected it all along...
     
  13. Jul 25, 2015 #33 of 321
    john18

    john18 Active Member

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    I live well within Pac-12 country and I will leave if I am forced to pay their rates as part of my subscription. I am unhappy enough with the constant rate increases due to channel padding by distributors & by AT&T now having the keys to the door. It won't take much to send me to cord-cutting land.
     
  14. Jul 25, 2015 #34 of 321
    jimmie57

    jimmie57 Hall Of Fame

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  15. Jul 25, 2015 #35 of 321
  16. Jul 25, 2015 #36 of 321
    MrDad0330

    MrDad0330 Godfather

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    I just don't have a good feeling about this.. I have been with Directv since 1995; bought it at Sears, installed it on my roof. Got standard TV from D and the paid channels from USB. I have always loved the picture quality and for the most part, their CSR's were great to work with. I feel like an old friend just was gobbled up like a small hardware store swallowed up by Waymart.
    Will there still be Cutting Edge testing or will that become none of the customers business? I just cant see one positive coming out of this but I hope I'm wrong. A great American company that pioneered small dish affordable satellite to our homes and cut us free from the cable monster has now itself been gobbled up by a not always friendly monster.. :-(
     
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  17. Jul 25, 2015 #37 of 321
    mexican-bum

    mexican-bum "Jack Of All Trades, Master Of Some"

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    I was a longtime cingular customer, basically since I was in high school, I felt the same way when AT&T took that totally over 9 or so years ago, honestly nothing really changed for the worse, at&t really spent money improving the network and got a lot of good handset exclusives like the iphone exclusively for years etc.. Hopefully directv will be similar but only time will tell.

    I new someone that was in mid management of a directv and later an AT&T call center(both companies have large company owned one's here in tulsa), while this was around 8 years ago at that time they had very different philosophies on how to handle customers.

    Again this is just what she told me:

    Directv was all about speed and correcting the problem quickly and painlessly then ending the call politely but quickly and on to the next customer(asking is there anything else I can help you with was a no no), they also use scripts extensively which required less training of reps as they are just following scripts . (she preferred this philosophy as she felt overall was better for the customer, even though customer call back was slightly higher)

    AT&T was all about no repeat calls, one call resolution, get everything fixed and corrected etc on a single call. This meant asking customer after the issue they called about was fixed if they needed assistance with anything else, then try to sell them additional services, etc etc., they also don't use many or any scripts so you are at the mercy of the Reps knowledge and training to figure out what steps to take to fix your issue(she felt this was worse, longer customer waits, average call was much longer, customers would get different answers from different reps, only positive was reduce customer call backs)
     
  18. Jul 25, 2015 #38 of 321
    Mariah2014

    Mariah2014 Breaking the mold

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    One good thing is a discount for combining my ATT Wireless and Directv bills. Every little bit helps.
     
  19. Jul 25, 2015 #39 of 321
    Mariah2014

    Mariah2014 Breaking the mold

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    I'm not surprised by this. The handwriting in regards to any of the mergers was on the wall long before the FCC handed anything down.
     
  20. Jul 25, 2015 #40 of 321
    Fish_Stick

    Fish_Stick Member

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    I've been through an AT&T merger before and it was not pretty. Billing and service was screwed up and no one could help because they were too busy with the merger. Not sticking with AT&T.
     

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