AT&T, fresh off their massive $48.5 billion acquisition of DirecTV, has now offered $85 billion to purchase Time Warner Inc.
The deal, which would be one of the largest in history, would give the massive telecom company the movie studio Warner Bros, TV channels like HBO and TNT and a plethora of other media assets like a stake in Hulu.
AT&T offers wireless and broadband services, as ... [ read the full article ]
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"Chance for monopoly"??? Both companies are already monopolies, combining them would be absurd. This was the whole reason ma-bell was broken up in the first place.
Originally posted by KillerBug: "Chance for monopoly"??? Both companies are already monopolies, combining them would be absurd. This was the whole reason ma-bell was broken up in the first place.
I was coming here to say that same thing!!! Their allowing AT&T to do exactly what they were doing before which doesn't make any sense. SMFH
Originally posted by KillerBug: "Chance for monopoly"??? Both companies are already monopolies, combining them would be absurd. This was the whole reason ma-bell was broken up in the first place.
Actually both are not monopolies. Hence the existence of Verizon, T Mobile, Fox, etc, etc.
Remember no matter how much you know someone else knows more than you do!
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Before you all start to pile on...
All these companies are doing the same thing. That old monopoly as we knew it in the past is done. Why do think they put the brakes on the T-Mobile deal! All these big companies are attempting to morph into entertainment giants.
Remember no matter how much you know someone else knows more than you do!
Fav Quote "Con is the opposite of Pro so CONgress must be the opposite of PROgress!!!!"
