AT & T Time Warner $81 Billion Merger Plans
AT & T will soon offer a new streaming video service thanks to its $81 billion acquisition of Time Warner, Inc. The streaming service will be free for AT & T mobile customers who subscribe to unlimited data plans and $15 per month for everyone else.
At the time of the merger, Time Warner (Turner Broadcasting System) owned and operated more than 175 cable television networks that combine to reach more than 200 countries around the world. Included are CNN, TNT, TBS and the Cartoon Network.
Will you be subscribing to the streaming service? Mergers happen all the time whether made public or privately. This acquisition will be very interesting as it continue to unfold.