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It’s no secret that business in the wireless services industry has been
In October 2015, it was
With the acquisition of Time Warner, it is clear that AT&T has a definitive plan to do the latter, and on a large scale, to say the least. By purchasing Time Warner, which also currently owns HBO and CNN, AT&T is making moves to become not only a service provider, but also a content producer. This joint entity will be the first of its kind – one that could not only provide mobile subscriptions, broadband subscriptions, and TV access, but also produce the shows that you watch through those subscriptions - and popular shows too. HBO Now Produces Game of Thrones and Westworld. CNN is a definite major player in the news world, as well. Essentially, this $85.4 billion deal will create the newest media superpower. Furthermore, AT&T plans to use its newly gained content producing power to compete with companies like Netflix, Inc. NASDAQNFLX and YouTube. Look out, Verizon; AT&T is ready to compete.
However, after AT&T’s announcement of this seemingly groundbreaking deal, some reports have been released that show it might be just a little too good to be true. First, the deal has understandably raised some anti-trust
With this, analysts such as those at
So, investors, the question falls on you – how do you see this acquisition ending up? Too big to fail, or too big not to fail? Either way, AT&T is clearly making moves to continue competing in the global landscape, so staying up to date with AT&T stock in the coming months definitely can’t hurt. Furthermore, as future news regarding this deal is released, you may also consider following the stocks of AT&T’s competitors. As they say, the best deals are the hardest to make, and it can never hurt to stay up to date.
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
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