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AT&T buys Time Warner for US$85.4bn or 1.25 Dell-EMCs

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Currency conversions

"US$85.4bn or 1.25 Dell-EMCs" or about 3% of a Brexit. </trollbait>

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News speak

"... will allow new company to: ..."

All videos, no articles.

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Feeling here

is that it will probably go through, despite The Donald's objections, with a few conditions. It'll be interesting to see what goes on here, apart from the administrative side of things the businesses do not overlap at all.

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(Written by Reg staff)

Re: Feeling here

It's always the accountants who feel nervous after a merger ...

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Re: Feeling here

The backend admin staff usually has the most functional overlap between merged companies once the backend processes are harmonized. So the beancounters should be worried.

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Anonymous Coward

Not sure it's going to be worse than now. Maybe we'll be able to watch HBO shows without having a US cable contract.

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"Not sure it's going to be worse than now. Maybe we'll be able to watch HBO shows without having a US cable contract."

The downside is probably that those with a US cable contract might then have to take out yet another subscription if some of the shows they want to see are restricted to AT&Ts own outlets.

We already see this now with Amazon and Netflix. Fragmentation of the market caused by the distributors becoming the content providers/owners/creators is only ever bad (and more costly) for the customer.

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I thought they did a bit more than just mobile but.......

Company with ambition and deep pockets buys other company to grow revenue and bolster position against competitors.

Nothing by to see here.

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free market

and competition. Not.

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Anonymous Coward

Bad idea

At a certain point, the power of a company becomes a threat. This deal should not be allowed.

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Me too! Me too!

Comcast and Verizon have media properties, so we should too!

Yet more penis measuring contests.

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WTF?

Where on earth did they get the cash?

80 Bln is a lot of dollars. How much of that is in loans? Did they find it down the back of the sofa? Or is it simply a product of under-investment in infrastructure and profit gouging for a decade or so?

I was under the impression the telco business had wafer thin margins!

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Megaphone

Re: Where on earth did they get the cash?

AT&T overcharges for everything. They always have. They are experts at padding bills. That's why I don't use them anymore. My phone/Internet is from a small company that makes a small profit off me whereas AT&T provided the same services for $30 more a month, every month. Multiply that by a hundred million or more and see where it gets you.

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Re: Where on earth did they get the cash?

at&t practically invented cramming.

Where do you think they got that money?

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Why does it seems like TimeWarner can't make up their mind about owning a telecoms company: First the merger with AOL (dialup, somehow didn't keep up with the broadband era), then spun out TimeWarner Cable, then a new merger with AT&T, who cover cable, landline as well as mobile.

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Anonymous Coward

Haven't we seen this before?

It didn't work very well fifteen years ago. But perhaps everyone's forgotten that, and there are fees and bonuses to be earned, so...

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I reminded of Sony

I'm reminded of Sony when they bought Columbia Pictures for the distribution rights to their entire collection and it's been a ball and chain and mixed blessing for them ever since and seriously impacts their annual budget every year.

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