DirecTV shareholders recently accepted the acquisition deal by AT&T, valued at $48.5 billion and it appears the public is fine with this deal.
In a statement to the FCC regarding the Comcast merger, AT&T said it would be hard for them to compete, unless they were able to acquire DirecTV for pay-TV market share and hold of the satellite market.
It is interesting about the public’s reaction to the AT&T and DirecTV acquisition, something that could be more devastating than the apparent Comcast/Time Warner Cable merger, currently being debated by the FCC.
Comcast and Time Warner Cable do have lower customer satisfaction rates, along with Comcast known as one of the worst companies in the United States for aggressive business tactics and pathetic customer support.
The merger has also shown Comcast will take control of all of Time Warner Cable’s markets. This wouldn’t be so bad if they were competing with one another, but all this does is give Comcast another 20 or so states to ruin.
In the FCC filing, Comcast said they have had overwhelming support for the merger. It feels like Comcast is living in a dream world or pushing their lies so hard, just to see how fickle the FCC Chairman Tom Wheeler is at saying “no” to corporations.
We will have to wait and see what the FCC says. If they say no, Comcast will undoubtably try again and again, and if FCC repeatedly deny it, they might start threatening them with worse service.
This would be great for Google Fiber, Cox Communications and other broadband providers who have decent customer service. We might also see the introduction of more municipal broadband, to curve Comcast’s reach.
Both acquisitions are bad for the industry. We would advise you write to your state representative, to try and push the government away from AT&T and Comcast gaining more control.