DALLAS, TEXAS
Dallas — Another mega-merger is shaking up the telecom industry.
AT&T and Direct TV announced the massive merger yesterday that will create a powerhouse to rival the largest cable companies. Under the deal AT&T will gain Direct TV’s 20 million subscribers.
The combined company will be able to offer phone service, high-speed internet and paid television subscriptions. AT&T officials say the new company will be better positioned to develop unique content offerings for consumers.
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