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Both EchoStar and DirecTV, trying to save their multi-billion-dollar merger in Washington, D.C., were expected to approach regulators Monday with proposed merger changes that could allow new competitors to access satellite spectrum and programming controlled by a combined company, the Wall Street Journal reported Monday.
Details of the concessions, described by the paper as a last-ditch effort to save the deal, weren't released by the companies. But according to sources quoted by the Journal, the merger revisions would provide an opportunity for new competitors to enter the U.S. satellite TV business by opening up spectrum and allowing new entrants to resell or help distribute some of the merged entity's programming.
Reportedly, the changes will be proposed to the Justice Department's antitrust staff. The Journal said the companies are hoping that if the discussions with Justice Department officials go well, they can persuade the FCC to reconsider its earlier position to block the merger.
From SkyReport (Used with Permission)
Details of the concessions, described by the paper as a last-ditch effort to save the deal, weren't released by the companies. But according to sources quoted by the Journal, the merger revisions would provide an opportunity for new competitors to enter the U.S. satellite TV business by opening up spectrum and allowing new entrants to resell or help distribute some of the merged entity's programming.
Reportedly, the changes will be proposed to the Justice Department's antitrust staff. The Journal said the companies are hoping that if the discussions with Justice Department officials go well, they can persuade the FCC to reconsider its earlier position to block the merger.
From SkyReport (Used with Permission)
