The Traderszone Network

Published in TZ Latest News 29 June, 2015 by The TZ Newswire Staff

AT&T, DirecTv extend ‘termination date’ for second time

AT&T said in a regulatory filing on Monday that the extension is aimed at obtaining final regulatory approval for the merger. AT&T in May last year offered to buy DirecTV to create the largest U.S. pay TV company. The deal highlights AT&T’s pressing need for fresh avenues of growth beyond the maturing U.S. cellular business, which has become increasingly competitive.