- The FCC makes it official, confirming its approval of AT&T's (NYSE:T) $49B deal for DirecTV (NYSE:DTV).
- AT&T shares are up 2.6% today in the wake of yesterday's earnings release, and reports that the merger had the requisite majority approval from FCC commissioners. DirecTV is up 2.2%.
- The agency will release an order shortly confirming the exact conditions AT&T will need to follow. They were reported to include required fiber build-out, required submission of interconnection agreements to the FCC, and disallowing AT&T from exempting its video services from data caps.
- Previously: Reuters: FCC approves AT&T-DirecTV merger (Jul. 23 2015)
- Previously: FCC chairman lays out conditions for AT&T/DirecTV approval order (Jul. 21 2015)
- Previously: AT&T call: Seeing $2.5B synergies as DirecTV deal nears OK (Jul. 23 2015)
- Previously: AT&T up 1.8% after solid earnings beat (Jul. 23 2015)