Cable Conniptions

AT&T’s $48.5 billion bid for DirecTV is brilliant. AT&T’s subscriber base of 5.7 million households is much too small for them to bully content providers into agreeing to favorable terms, and their U-Verse technology is poor compared to Verizon’s FiOS and Comcast’s Xfinity. This merger solves both problems, but most importantly will get DOJ/FCC approval because the White House can’t permit the Comcast-Time Warner merger without allowing this one too.

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