The Wall Street Journal has it in their pretty little heads that AT&T is in the market for either EchoStar or DirecTV. And hey, why not? AT&T owns everything else.
Just last week we realized that we'd forgotten to water our basil plant and when we opened the window we found that it had merged with AT&T. True story.
From BusinessWeek:
The Wall Street Journal reported that the San Antonio-based telecommunications company is "contemplating a bid for one of the two major players" in satellite-TV, and "now that consolidation in the telephone industry is mostly done, AT&T appears to be getting ready to swoop in."AT&T would need about $40 billion to buy one of the satellite tv companies, speculates BusinessWeek.According to the newspaper, AT&T has been reviewing what steps would be needed and how long it would take to get government approval for such a deal. If it decides to go forward, AT&T would likely make the offer before the end of the year, seeking to get it done before the current administration is out of office, the Journal said.
Ahead of the Bell: AT&T eyeing DISH? [BusinessWeek]
(Photo:Wikipedia)







