US: AT&T moves to make its mark on communications overhaul

Wireless operator AT&T is reportedly looking to make its own lasting impact on the US communications industry as the firm is said to be considering an acquisition of DirecTV, a deal that would only add to the list of overhauling telco merger plans in recent months.

According to unnamed sources, AT&T has already approached the satellite TV firm; reports say any acquisition would be worth at least $40 billion.

While the news is not confirmed by either party, such a deal would add to the growing list of planned acquisitions that threaten to upend the industry.

Among those deals includes the proposed acquisition of T-Mobile by rival Sprint, a merger that reports only days ago say has progressed as Sprint reportedly approached banks about the deal’s funding.

Sources said Sprint could be looking to officially bid on T-Mobile so that regulatory review of the deal would coincide with the review of Comcast’s proposed buyout of rival Time Warner Cable. The US Department of Justice and the Federal Communications Commission are tasked with that case.

Full content: Huffington Post

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