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In October 2016, AT&T announced a deal to acquire Time Warner worth .4 billion (including assumed Time Warner debt).The proposed deal would give AT&T significant holdings in the media industry; AT&T's competitor Comcast had previously acquired NBCUniversal in a similar bid to increase its media holdings, in concert with its ownership of television and internet providers.
It also retains SBC's pre-2005 stock price history, and all regulatory filings prior to 2005 are for Southwestern Bell/SBC, not AT&T Corp. announced it would expand into Latin America through a collaboration with América Móvil.
The current AT&T reconstitutes much of the former Bell System, and includes ten of the original 22 Bell Operating Companies along with the original long distance division.
which acquired the Bell Company on December 31, 1899, for legal reasons, leaving AT&T as the main company.
So with this report, we’re down to possibly two tiers. Still, as the Streaming Wars heat up, it’s unclear what the Warner Media package can offer most consumers in an aggressive, competitive market.
The reported pricing is still more expensive than Hulu or Netflix’s current .99 and .99/month plans, and much more expensive than the soon-to-be-launched Disney service announced at .99/month.