Until the transaction is approved, the companies will operate separately. AT&T and DirecTV expect to close the deal within 12 months.
Telecommunications giant AT&T is proposing a $48.5 billion merger with satellite TV provider DirecTV. If the deal goes through, here's what customers can expect:
WHAT HAPPENS NOW?
At the moment, nothing. The deal is subject to government approval in both the U.S. and Latin America. Until the transaction is approved, the companies will operate separately. AT&T and DirecTV expect to close the deal within 12 months.
WHAT CAN AT&T and DIRECTV CUSTOMERS EXPECT?
1. Customers of both companies will likely see more offers bundling DirecTV's 285 TV-channel service with AT&T wireless and Internet services. AT&T currently offers some plans that bundle DirecTV service, but customers get separate bills from the two companies.
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