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AT&T Makes $45 Billion Bid for DirecTV: Chart of the Day

August 11, 2023
in Trade Tube
Reading Time: 1 min read
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AT&T is looking to break into a new line of business, and its deal to buy DirecTV would create the second biggest distributor of pay television in the U.S. today. Plus, it would allow both companies to work together to take on the growing demand for mobile video. Our chart of the day breaks down why AT&T needs this deal, and a new vertical for its roster of offerings. Coming at a time when Comcast and Time Warner Cable are looking to take streaming to the handset and as users cut the cord, AT&T’s play for DirecTV may help shape the future of the company.

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