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AT&T says not opposed to Charter-Time Warner deal, asks FCC for careful review

Oct 14 AT&T Inc said it does not oppose the proposed merger of Charter Communications Inc and Time Warner Cable Inc, but in a letter to the U.S. Federal Communications Commission it asked for a careful review on the impact of cable deals on emerging online video products.

Wireless company AT&T, which acquired satellite-TV provider DirecTV in July for $48.5 billion, said in its letter on Tuesday that the $55 billion Charter-TWC deal warranted "careful scrutiny."

The FCC should "review the transaction carefully and consider the impact of cable consolidation and coordination on emerging competition," AT&T said.

AT&T has said it plans to roll out new TV streaming and mobile video products. Representatives at Charter and TWC could not be reached for comment.

The U.S. cable industry is undergoing a wave of consolidation as cable...