AT&T Expected to Announce Acquisition of DirecTV

Episode 1084 (02:19)

AT&T is expected to announce this week that they will be buying DirecTV. Leo says that with Time Warner being bought by Comcast after buying Universal, the landscape is getting smaller, and will leave little room for competition. This is not a good thing for consumers.

AT&T makes bet on video with $48.5 billion DirecTV bid (Reuters)…
http://www.reuters.com/article/2014/05/19/us-directv-att-idUSBREA4B0W220140519