Support for LAist comes from
Become a sponsor
We Explain L.A.
Donate
Stay Connected

LAist is part of Southern California Public Radio (SCPR), a member-supported public media network. Hear our news on-air at our partner site:

KPCC Logo

Live Stream Schedule In Person

Keep up with LAist

Our top stories delivered weeknights
Donate

Share This
News

AT&T Plans To Buy DirecTV

By  Greg Katz
Published May 17, 2014 11:00 PM
att-truck.jpg
Photo: Tim Boyle / Hutton Archive (Getty Images)
Stories like these are only possible with your help!
Your donation today keeps LAist independent, ready to meet the needs of our city, and paywall free. Thank you for your partnership, we can't do this without you.

Get ready for even less competition in television service, as telecom megalith AT&T is planning to buy El Segundo-based DirecTV for $49 billion.

CNBC reports that the deal will expand AT&T's bandwidth on their strained Internet lines by pushing viewers over to satellite TV service - that is, assuming the merger is approved by the government. DirecTV will remain based in El Segundo for now. AT&T's headquarters are in Dallas.

No word on whether this means DirecTV subscribers will be able to watch Dodgers games anytime soon, but we're not holding our breath: the merger is expected to take a year to complete.