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FCC approves AT&T's acquisition of DirecTV

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='http://www.imore.com/fcc-approves-atts-acquisition-directv' title="FCC approves AT&amp;T's acquisition of DirecTV"><img src='http://www.imore.com/sites/androidcentral.com/files/styles/large_wm_brw/public/article_images/2014/05/ATT-Store-Sign-01.jpg?itok=4-p3QKfp' />[/url]</p> <p>The FCC has voted to approve AT&amp;T's (http://www.imore.com/att) acquisition of DirecTV, just a few days after FCC chairman Tom Wheeler recommended the commission do just that. (http://www.imore.com/fcc-chairman-recommends-approval-atts-pending-directv-acquisition) In its approval statement, however, the FCC has outlined some conditions to which AT&amp;T had to agree in order to receive approval. From the FCC:</p>

<p>As part of the merger, AT&amp;T-DIRECTV will be required to expand its deployment of high-speed, fiber optic broadband Internet access service to 12.5 million customer locations as well as to E-rate eligible schools and libraries. In addition, AT&amp;T-DIRECTV is prohibited from using discriminatory practices to disadvantage online video distribution services and will submit its Internet interconnection agreements for Commission review. Finally, AT&amp;T-DIRECTV will offer broadband services to low-income consumers at discounted rates.</p>

<p>The document goes on to mention that the conditions are intended to curb any potential harm that could come from a massive deal that will see an already influential AT&amp;T merging with the nation's largest satellite TV provider.</p> <p>It will definitely be interesting to see what comes out of this deal, which has been in the works since early 2014 (http://www.imore.com/att-acquiring-directtv). Presumably, we could start to see some interesting mobile video offerings from AT&amp;T, along with an expansion of the company's current internet and television service offerings.</p> <p>Source: FCC (https://apps.fcc.gov/edocs_public/index.do?document=334561)</p> </div></div></div><br clear='all'/>

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Source: FCC approves AT&amp;T's acquisition of DirecTV (http://feedproxy.google.com/~r/TheIphoneBlog/~3/gBu28407ZG0/story01.htm)