FCC chairman Tom Wheeler recommends $48.5B AT&T, DirecTV acquisition

Federal Communications Commission chairman Tom Wheeler has recommended the approval of AT&T's $48.5 billion acquisition of DirecTV. Wheeler's support came in a statement the FCC released in response to previous media reports that suggested the deal was likely to be completed within days. The order, which has circulated to the commissioners, outlines conditions AT&T (NYSE: T) would need to meet with the purpose of benefitting consumers. If those conditions are approved, 12.5 million customer locations…
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