Posted Jun. 25, 2014 at 6:37 a.m.

Premium Lock AT&T says DirecTV deal could slow future price hikes

Published: 2014-06-25 06:37:55
Updated: 2014-06-25 06:37:55

AT&T wants DirecTV   This combo made from file photos shows the AT&T logo on the side of a corporate office in Springfield, Ill., left, and a DirecTV satellite dish atop a home in Los Angeles. Priming itself for the age of Internet-delivered video, AT&T Inc. on Sunday, May 18, 2014 said it would buy DirecTV for $48.5 billion in cash and stock, or $95 per share. (AP Photo)

AT&T's CEO told Congress Tuesday that his company's purchase of DirecTV will help slow increases in programming prices, but won't lead to a decrease in prices....

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