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FCC Set to Approve AT&T-DirecTV Deal
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22.07.2015
FCC Chairman Tom Wheeler is recommending approval of AT&T’s $48.5 billion acquisition of DirecTV, a deal that would combine the country’s second-biggest wireless company with its biggest satellite TV provider, according to sources close to the deal. The FCC’s move represents a significant victory for AT&T, which failed to win regulatory approval in 2011 for its $39 billion deal to acquire T-Mobile, the nation’s third-largest wireless carrier. The draft order needs to be approved by a majority of the FCC’s five commissioners, and it’s likely to include a handful of conditions.
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