20.05.2014 - AT&T buys satellite TV
U.S. telecommunications giant AT&T, which is also one of the largest U.S. media holdings, announced the purchase of satellite television provider DirecTV. The transaction price is estimated at 61.7 billion dollars.
This step will allow the company to increase its market share in the provision of services on access to the Internet and television, by switching customers to a single provider. At the same time it is worth noting that this event has already been priced in, and in the near future we expect fixation of long positions. We expect a decrease in the price in the medium term, but recommend buying shares of the company for the long term.