AT&T says DirecTV deal would let it build fiber

By PETER SVENSSON, AP Technology Writer Published: June 3, 2014
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In an attempt to curry favor with regulators, AT&T Inc. said Tuesday if it’s allowed to buy DirecTV, it will be able to afford an expansion of fiber connections into more homes to boost their Internet connection speeds.

DirecTV’s board of directors agreed last month to sell to AT&T for $48.5 billion, but the deal needs approval from regulators. Expanding broadband access and raising speeds is a federal policy goal, so AT&T’s offer could interest federal regulators.

AT&T said in a regulatory filing Tuesday that the DirecTV deal would enable it to upgrade 2 million additional locations and expand high speed broadband coverage to 13 million sites.

Associated Press