Markets:
DJIA --36.150.10%
NASDAQ +124.470.84%
S&P +15.090.34%
Featured Stocks:
GLOB +1.90% 308.61
CRSR +0.12% 24.82
NVDA +1.65% 222.22
PYPL +0.74% 270.33
+%

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…