Markets:
DJIA --469.64-1.50%
NASDAQ +72.920.56%
S&P --18.190.48%
Featured Stocks:
UMH +0.29% 17.07
INFN +4.25% 9.82
DRIO -1.37% 26.60
EPRT -1.69% 23.20

DirecTV stock

Article Index

AT&T Could Buy DirecTV – But the Deal Would Not Live Up to the Hype

By , Associate Editor, Money Morning • @KyleAndersonMM -

The Wall Street Journal reported this week that AT&T Inc. (NYSE: T) could buy DirecTV (Nasdaq: DTV), which could create the second largest television provider in the United States.

DirecTV is the largest satellite TV distributor in the U.S. with more than 20 million subscribers. AT&T's landline television service u-Verse has approximately 5.7 million subscribers.

While the deal would bring a huge boost to AT&T’s customer base, it may not be worth all the hype for AT&T…