Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Wednesday, June 13, 2018

United States Court authorizes AT&T and Time Warner merger

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Judge Richard Leon decided in Washington that the agreement for around US$85 billion does not contravene US competition laws. Donald Trump government can still appeal the measure.

AT&T issued a statement affirming that it will work to close the agreement before June 20. The general counsel of the operator,David McAtee, expressed AT&T satisfaction for the decision of the judge and commented that the company looks forward to offering users "more accessible, mobile and innovative video entertainment".

AT&T had advanced plans to launch a new OTT video package with Time Warner channels. It would cost around US$15 per month, although customers with unlimited data plans would have access without additional charge.

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