9 years ago
1
AT&T blasts cable mergers, says cable companies should compete instead
AT&T, which just completed a $48.5 billion purchase of rival DirecTV, is now really worried that cable companies are merging too often and not competing against each other. Cable companies are coordinating and could end up acting as "a single national cable company," AT&T claimed.
Continue Reading http://arstechnica.com
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To play devil's advocate, is AT&T really being hypocritical? Alone, they didn't have the ability to bring cable TV to Americans. And without AT&T, DirecTV's internet options were laughable, or non existent. Satellite internet is currently terrible; expensive, slow speeds and poor connectivity. So technically merging these two just added a new cable, internet, phone company onto the market. And isn't that exactly what AT&T is arguing for?
Though, what should really happen is all the cable/internet services in the country right now be allowed to offer their services countrywide, not in their own regional monopolies. I was actually a little excited about this merger, until I realized that UVerse is not available in my area, and if Time Warner merges with Charter, I'm stuck using their terrible, expensive, throttled service.