Scalper1 News
If AT&T’s pending purchase of satellite broadcaster DirecTV closes, it’ll square off with longtime ally America Movil in Latin America’s pay-TV market. Observers also speculate that competition between AT&T (T) and America Movil (AMX) could heat up in the U.S. and Latin American wireless phone markets as well. AT&T, which late Sunday announced an agreement to buy DirecTV (DTV) for $48.5 billion, plans to sell its stake in America Movil to fund the Scalper1 News
Scalper1 News