Skip to comments.AT&T Bids $80 Billion for Time-Warner
Posted on 10/22/2016 1:35:59 PM PDT by vette6387
It's the NY Slimes so only source URL is provided.
(Excerpt) Read more at nytimes.com ...
Isn’t this the deal Trump promised today to quash?
ATT is pathetic, proving a company that provides lousy phone and Internet service can still accumulate billions from its victims.
So.. you work for the Times?
You just claimed so.. by listing yourself as the author.
How long have you worked there?
MICHAEL J. de la MERCEDO is listed as the author, we’ll have to assume that is YOU since you listed yourself as the author.
And Time Warner owns CNN.
I thought Comcast bought TW.
No kidding, we need competition, not ever increasing government sanctioned monopolies. The whole point was not to have very few so there’s effectively no choice for people.
This is just another example of every increasing government sanctioned monopolies which have accelerated under Obama. They rip the public off. This is, incidentally, exactly the kind of company Buffet likes to invests in - he calls them companies with economic moats (barriers and monopolies). Phone plans and entertainment packages are ridiculously expensive in the states and don’t need any higher. Real competition needs to reign.
Dismantling AT&T was one of the dumbest things ever done to this country. Our phone systems went from being by fat the best in the world to near 3rd world. Of course you can’t put the genie back in the bottle, no level of acquisitions will give us a proper national telephone system again.
"Ceterum censeo Hillary esse delendam."
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)
Not good, they just took over direct TV.
“I thought Comcast bought TW.”
From what I understand, Commiecast owns NBC/Universal. And NBC is the Clinton’s attack dog in the MSM. I wouldn’t give Commiecast a dime, and now that AT&T has acquired DirecTV, I’m going to give up that service in both of our homes. I keep reading how the Internet is going to put Cable and Satellite TV providers out of business, but thus far I don’t see a workable solution. And as far as “all these channels you get,” how about the one I saw the other night “Do YOU POOP ENOUGH?” Then there’s about sixteen channels to help you get an erection, and all the merchandise purveyors. At the end of the day, with nearly “300 channels to choose from,” we have about a half a dozen that we actually watch for more than $100 per month. It’s utter nonsense.
Gee what a horrible merger..and I thought things were bad when they became Spectrum which has been a spectacle. We have been with TWC since the Adelphia days..til about 2 months ago we were paying 141 a month(1 DVR box and three digital boxes, phone, and internet..200mbps) then after the Spectrum merger, they jacked up the price to 169 a month for the same thing and they downgraded our internet, now we have 100mbps for the same price..and the phone service stinks, every few days we have to call them to send a signal to the phone box because we cant call in(or out) the ONLY reason we stayed with TWC was their internet and now that’s turned to garbage not sure where to go now
“Dismantling AT&T was one of the dumbest things ever done to this country. Our phone systems went from being by fat the best in the world to near 3rd world.”
And the most expensive! I worked in the “Fiber to the Home” business post MFJ. AT&T tried to interfere with our business at every turn in the road. AT&T (actually Southwest Bell reconstituted as “The New AT&T” is a $hit company, with absolutely no morals or honesty. They are every bit as much a monopoly today as they were 40 years ago, and they should not be allowed to expand into new businesses ever.
Oh, I don’t know about that. Think we would have all the coms technologies we have today if MaBell had been left alone?
The problem with monopolies is they don’t like things to change that much. What are your long distance changes today?
AT&T tried owning a cable company once. They bought TCI for $48 billion, then later sold to Comcast (about 3 years later) for a little over $500 million cash and some stock in the resulting entity. If they are paying $80 billion for Time Warner cable, they ought to be able to unwind this deal for at least $1 billion.
Should be a good matchup while it lasts - both have lousy customer service.
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