AT&T to purchase DirecTV for close to $50 billion


AT&T has confirmed that it is going to acquire satellite television operator DirecTV for $48.5 billion.

With a customer base of more than 35 million subscribers (as of December 2012), DirecTV is the second-largest pay TV provider in the United States. AT&T notes that the move will create “a unique new competitor with unprecedented capabilities in mobility, video, and broadband services.”

So what does this mean for Apple? Potentially quite a bit.

While the purchase still needs to gain regulatory approval, given the relationship between Apple and AT&T, maybe a future Apple TV could have the option of integrating with DirecTV: arguably a more attractive option than adding a subscription-based Comcast streaming service.

Apple has pursued similar negotiations before, although the company ran into problems when it tried to convince both Comcast and DirecTV to let customers use their Apple IDs for credentials instead of Comcasts or DirecTV’s systems.

  • herbaled

    Why not just say $48.5B in the headline? Indeed, in virtually everyone here’s world, $1.5B is very far from being “close” to anything.