Updated Jun. 3, 2014 at 6:37 p.m.

Premium Lock AT&T to regulators: Approve DirecTV deal, get fiber sooner

Published: 2014-06-03 18:30:00
Updated: 2014-06-03 18:37:56

Fiber optic network                Fiber optic network

In an attempt to curry favor with regulators, AT&T Inc. said Tuesday that if it's allowed to buy satellite broadcaster DirecTV, it will be able to afford an expansion of fiber connections into more homes to boost their Internet connection speeds. The Triangle is among the markets on AT&T's fiber deployment list....

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This may be true, however, the more likely result of this corporate integration will be a reduction in competition and higher costs for high speed internet and more profit for ATT. Its ok, however, I'm a stock holder.
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