The new AT&T could control the path from the cable box to your phone
October 24, 2016 | Uncategorized
This weekend saw one of the biggest corporate acquisitions in years as AT&T reached a deal to purchase Time Warner for more than $80 billion. If approved, the deal would create a massive new joining of the telecom and media business, along the lines of AOL-Verizon (combined in May of last year ) and Comcast-NBCUniversal (combined in 2011, and also an investor in The Verge’s parent company).
But AT&T’s new conglomerate has a unique combination. Comcast has a bundle of cable channels and a fiber network — a scary combination for many — but it doesn’t have a wireless business (at least not yet). Verizon has a wireless business and a web empire, but it doesn’t have any TV channels. The newly formed AT&T conglomerate would be the only…
