AT&T Inc has approached DirecTV about a possible purchase of the satellite TV company, the Wall Street Journal reported, citing people familiar with the situation.A deal would likely be worth at least $40 billion, DirecTV's current market capitalization, the newspaper said.A combination of AT&T and DirecTV would create a pay TV network that could rival Comcast Corp if it completes its purchase of Time Warner Cable Inc.DirectTV is the nation's second largest pay TV provider after Comcast and is followed by Dish Network. However, it lags cable and phone companies in the broadband market.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH traded higher by 0.85% or $0.48/share to $56.86. In the past year, the shares have traded as low as $37.30 and as high as $64.52. On average, 2763890 shares of DISH exchange hands on a given day and today's volume is recorded at 1712025.
AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T traded higher by 0.79% or $0.28/share to $35.70. In the past year, the shares have traded as low as $31.74 and as high as $37.88. On average, 30664100 shares of T exchange hands on a given day and today's volume is recorded at 22564336.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC traded higher by 0.09% or $0.13/share to $141.46. In the past year, the shares have traded as low as $92.87 and as high as $147.28. On average, 3592600 shares of TWC exchange hands on a given day and today's volume is recorded at 2292424.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX traded higher by 2.66% or $1.72/share to $66.46. In the past year, the shares have traded as low as $55.71 and as high as $70.77. On average, 5782120 shares of TWX exchange hands on a given day and today's volume is recorded at 14533643.
Source
