https://www.theguardian.com/media/2016/oct/22/att-buy-time-warner-donald-trump
Telecoms companies are increasingly seeking to buy into cable TV providers and content producers, in order to offer more extensive packages to consumers. AT&T spent $48bn buying the satellite TV provider DirecTV last year, making it the country’s largest pay-TV provider, with 25 million customers. The company has also spent hundreds of millions improving its infrastructure to give consumers a better experience watching video content on their mobile phones.
https://www.ft.com/content/4714e3f4-98cd-11e6-8f9b-70e3cabccfae
