Are Lawmakers Against the AT&T-DirecTV Deal?

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June 24 (Bloomberg) -- Bloomberg’s Megan Hughes reports on AT&T and DirecTV CEOs testify before house and senate judiciary committees with Pimm Fox on “Taking Stock.” (Source: Bloomberg)

All this.

Do lawmakers seem to be for or against this combination?

X that is a good question.

You did not hear a lot of direct attacks from lawmakers.

We did hear some tough questions from senator al franken but we heard more broad concerns bemoaning the state of the merger landscape.

Saying we cannot consider this plan in a vacuum.

It has been a to the executives to say why this is different, why he argues this is going to be it for consumers.

Here are some of the stats.

He says content costs will be lowered by 20% for subscribers and there will be 1.6 billion in cost synergies and it will expand rock band to 15 million locations especially in earl areas -- rural areas.

That is the sekk -- sell.

They do compete when it comes to pay tv.

There is some overlap.

The consumer groups are predicting prices will go up,

This text has been automatically generated. It may not be 100% accurate.


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