Satellite television has been experiencing a rough transition as consumers in the US increasingly turn to internet-based video services like Netflix and Hulu, and it looks like the current industry heavyweight DirecTV is ripe for the picking: AT&T is rumored to be making a $50 billion bid for the company.
Artist’s depiction of merger
AT&T operates its own television brand, UVerse, though that system is powered by Ma Bell’s DSL broadband infrastructure.
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