Tópico: [EN] AT&T compra DirecTV
18-05-2014, 21:24 #1
[EN] AT&T compra DirecTVAT&T agreed to purchase DirecTV in a $49 billion deal that will make the telecom company a major powerhouse in the pay-TV market. AT&T will gain DirecTV's 20 million U.S. subscribers as well as access to a portfolio of content that AT&T will be able to distribute across mobile, video and broadband platforms.
AT&T said it will purchase DirecTV in a stock-and-cash transaction at $95 per share, which is based upon AT&T's Friday closing price. The purchase price implies a total equity value of $48.5 billion and a total transaction value of $67.1 billion, including DirecTV's net debt.
Both companies' boards of directors have approved the deal. However, the transaction must still be approved by the FCC, the U.S. Department of Justice, a few U.S. states and some Latin American countries. The acquisition is expected to close in around 12 months.
AT&T said it will divest its interest in America Movil in order to secure regulatory approval in Latin America, where DirecTV has more than 18 million subscribers. AT&T's designees to the America Movil board of directors will resign immediately.
The combined company will have 26 million pay-TV subscribers in the United States, including AT&T's U-verse video customers. AT&T said it will use the merger to deliver high-speed broadband service to 15 million customers, primarily in rural areas where the company does not provide high-speed service today.
This will be on top of the company's existing Project VIP broadband expansion plans that have already been announced.
In addition, AT&T said it plans to offer wireline broadband service at speed of at least 6 Mbps (where feasible) in areas where AT&T offers wireline IP broadband service today at guaranteed prices for three years after closing.
The AT&T/DirecTV deal comes just three months after Comcast's $45.2 billion agreement to buy Time Warner Cable. Experts say that these mega-mergers are a result of the changing media landscape. Companies like AT&T and Comcast are looking for ways to continue to grow their pay-TV businesses and respond to the growth in streaming video and mobile video.
- see this release
- see this New York Times post
- see this Washington Post article
DIRECTV's Latin American business is the leading pay TV provider in the region and has more than 18 million subscribers, including all Sky Mexico customers. DIRECTV's satellite platform's broad reach remains advantaged when compared with cable and telco in Latin America. Latin America has an underpenetrated pay TV market (about 40 percent of households subscribe to pay TV) and a growing middle class, and is DIRECTV's fastest growing customer segment.
18-05-2014, 22:21 #2
AT&T vai pagar US$ 48,5 bilhões pela DirectTV, que controla a Sky no Brasil18 de maio de 2014 | 19h 29
A operadora norte-americana AT&T concordou neste domingo, 18, em pagar US$ 48,5 bilhões para comprar a empresa de TV por assinatura DirecTV nos Estados Unidos. O valor do negócio anunciado representa um "prêmio" de 30% sobre o valor das ações da DirecTV antes de os primeiros rumores sobre as conversas começarem a aparecer no mercado.
O negócio pode ter repercussão no Brasil, uma vez que a DirecTV é a controladora da operadora Sky no País, com participação de 93%. De acordo com reportagem do The New York Times, a AT&T ganharia um número importante de consumidores na América Latina com a DirecTV, onde a operadora de televisão via satélite contabiliza hoje cerca de 18 milhões de consumidores.
Ao concordar em comprar a DirecTV, a AT&T anunciou que vai vender sua participação de aproximadamente 8% na America Movil, empresa do bilionário mexicano Carlos Slim. A companhia de Slim tem forte presença no mercado brasileiro, onde é dona da Claro, da Embratel e da operadora de TV por assinatura NET.
Última edição por 5ms; 18-05-2014 às 22:31.
18-05-2014, 22:40 #3
TV paga no Brasil
TV paga tem 18,4 milhões de assinantes
Por tipo de tecnologia, o DTH (Direct to Home - distribuição via satélite) liderou em março, com 62% do mercado. A tecnologia TVC (TV a Cabo) ficou com os restantes 38%.
Na divisão de mercado, a Telmex (Claro/Embratel/NET) liderou em março, com base de 9,875 milhões acessos, 54% do total.
A SKY/DirecTV ficou em segundo lugar, com 5,480 milhões de acessos (30%).
A terceira colocação foi ocupada pela Oi, com 828.276 acessos (4,5%).
19-05-2014, 12:36 #4
19-05-2014, 16:20 #5
The future is video, says AT&T CEO Randall Stephenson
“The last 6 years have been about delivering data over our networks,” he said. “The next 6 years are going to be about delivering video.”
After announcing Sunday that Dallas-based AT&T Inc. would acquire DirecTV, executives from both companies hosted a conference call with Wall Street this morning.
They again were enthusiastic about what they called the unique opportunities presented by the proposed combination and the way it could transform the industry.
AT&T CEO Randall Stephenson was especially upbeat about the future of video.
“The last 6 years have been about delivering data over our networks,” he said. “The next 6 years are going to be about delivering video.”
He said the market is still 12-18 months away from seeing “robust video” offerings. “This dovetails nicely with this deal,” he said.
Stephenson called DirecTV the best video provider in the market.
“We’ve believed for a long time that video across all the screens is going to be table stakes,” Stephenson said, using a gambling analogy. “It’s what the customer expects.”
Illustrating the importance of video, a provision in the acquisition agreement allows AT&T to back out of the deal if DirecTV does not successfully renew its agreement for the “NFL Sunday Ticket” service.
The agreement expires after this coming season. DirecTV CEO Mike White said Sunday and today that he is confident that the deal will get renewed. Both he and Stephenson have spoken to NFL officials.
19-05-2014, 16:23 #6
DirecTV, AT&T merger will 'redefine the video entertainment industry'Calling DirecTV the best video provider in the business, AT&T CEO/Chairman Randall Stephenson made video delivery across all screens--television and mobile devices--a key point in an investor call discussing its $48.5 billion acquisition of the satellite pay-TV provider.
"This is a unique combination. No other company will have a nationwide mobile footprint, a nationwide video footprint, a broadband footprint as extensive as this one. … This will redefine the video entertainment industry," Stephenson said.
"We've had on and off conversations about the industry and whether it makes sense to put these two companies together," Stephenson told investors and analysts on the call Monday. "The whole idea, the vision of delivering video on all screens: The more we looked and evaluated, we knew we needed to be scaled in video."
"We think we landed on the best video player in the United States. They have the best brand, the best video customer base of anybody in this industry," he added.
DirecTV President and CEO Michael White echoed Stephenson's comments, citing the evolution of broadband technology, particularly wireless broadband, as a factor in the merger decision. "Clearly some things have evolved over the last year and this year … the ability to do the technology is one of those things," he said. DirecTV has been utilizing fixed wireless local loop technology to bring broadband services to its customers in Latin America, and it feels that WLL can be used to affordably bring faster broadband--and multiscreen video--to underserved rural areas of the United States as well.
AT&T's growing 4G LTE network would be an important factor in boosting broadband capabilities in those areas, he said.
Another piece of the pie is content, something Stephenson feels DirecTV has managed well over its satellite network. "The ability to deliver content to mobile devices involves separate arrangements. I have little doubt that to offer the services will require additional discussion with content folks," Stephenson said.
White added, "Mobile (in) the future has got a lot of video in it. You've got to have the rights, and at a competitive cost," he said, noting that those rights have to be negotiated for many different delivery platforms, both over-the-top and through AT&T's U-verse service and the DirecTV satellite service--which will continue to be a standalone offering for the next three years.
Both feel that the size and reach of a combined AT&T-DirecTV will result in content deals for both linear and online video that are in their favor. Ultimately, the combined companies hope to present a more integrated video platform for subscribers, with the same features available both in the home and on mobile devices outside the home.
"We expect with our collective scale we will find opportunities at a more competitive content cost than (we) would otherwise ever have gotten," White said.
"There's money to be made for both sides," Stephenson added. "I think a lot of new models will emerge as a result of this."
19-05-2014, 20:35 #7
- Data de Ingresso
- Jul 2011
Pensei que a Sky era dona da Directv. rs
19-05-2014, 20:37 #8
E se sobrar um troco, a DirectTV vai comprar a GVT. Porque nos EUA a AT&T tem infraestrutura de telecom e de TV para combinar, aqui só TV por DTH, fora umas poucas cidades com 4G (http://www.skybandalarga.com.br/).
22-05-2014, 12:31 #9
US: 1.2m add broadband in Q1Leichtman Research Group has found that the seventeen largest cable and telephone providers in the US – representing about 93 per cent of the market — acquired nearly 1.2 million net additional high-speed Internet subscribers in the first quarter of 2014. These top broadband providers now account for over 85.5 million subscribers – with top cable companies having 50.3 million broadband subscribers, and top telephone companies having over 35.2 million subscribers.
Other broadband findings for the quarter include:
- Overall, broadband additions in Q1 2014 amounted to 105 per cent of those in 1Q 2013
- The top cable companies accounted for 83 per cent of the net broadband additions for the quarter versus the top telephone companies
- The top cable companies added about 970,000 subscribers, representing 121 per cent of the net additions for the top cable companies in 1Q 2013
- The top telephone companies added about 200,000 subscribers, 64 per cent of the total net additions for the top telephone companies in 1Q 2013
- AT&T and Verizon added 732,000 subscribers via U-verse and FiOS in 1Q 2014, while having a net loss of 638,000 DSL subscribers. U-verse and FiOS broadband subscribers now account for 49 per cent of Telco broadband subscribers — compared to 40 per cent a year ago
- The top cable broadband providers have a 59 per cent share of the market versus Telcos, with about 15.1 million more subscribers than the top telephone companies — compared to 13.1 million more a year ago
“With nearly 1.2 million net additions in the first quarter of 2014, broadband providers had their best quarter in two years,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “If recent history is an indicator, however, gains will be slower over the next couple of quarters. In each of the past four years, net adds in the first quarter were greater than in the second and third quarters combined.”
22-05-2014, 12:39 #10
Why and how AT&T is moving to SDN, NFV and an all-IP futureAT&T Mobility's (NYSE: T) "User-Defined Network Cloud" initiative, which makes use of Software-Defined Networking and Network Function Virtualization, is aimed at transforming the carrier's network. AT&T wants to virtualize hardware functions, cut costs and put more control of its network in the cloud and in the hands of users, both in the consumer and enterprise markets. Recently, at AT&T's "Innovation Showcase" in New York, FierceWireless Editor Phil Goldstein spoke with Marian Croak, senior vice president of Domain 2.0 architecture and advanced services development, about these initiatives. Croak talked about the importance of SDN and NFV, what vendors need to do to be a part of the initiatives and why other carriers should get on board. The following is an edited version of their conversation.
FierceWireless: Why are Domain 2.0 and the User-Defined Network Cloud so important for AT&T?
Croak: As you know, we have to change from our TDM-based network to an IP network and we have made great strides in doing that. But we have some services they haven't done the full transition. And by the year 2020 we expect to be an all-IP network. So what type of IP network do you want to become? User-defined network, or the Domain 2.0 program, is defining the type of network that will be.
And what we're actually doing is going through sets of iterations or progressions to get to that, and those are called beachhead programs. And some of those beachhead programs will be released later this year, and they'll be progressive in nature. And then by the time we get to 2020, we'll be at the end of it.
FierceWireless: Why is it important to group the Software-Defined Networking and Network Function Virtualization initiatives together?
Croak: In order to really have a programmable network you need to have a programmable controller. And that controller has to interface into things like policy engines and orchestration capabilities in order to know who can use it, how they can use it and what capabilities may be available to them. To make the capabilities available, we need network virtualization. So that means just abstracting functions that used to run in hardware and putting them into software. The fact that they're virtualized means you can actually put them in a cloud. And in order to replicate them or increase their capacity you can spin off virtual machines and replicate them in those machines.
SDN is the software-defined network piece of it and that's where you really have the controller. And the NFV part of it comes in where you virtualize the capabilities that are necessary to provide, in terms of repositories or catalogues or libraries, and make available to users through the SDN controller.
FierceWireless: We keep hearing that SDN and NFV combined are going to revolutionize the way networks are designed and deployed. That sounds like a lot of hype to me. Is it more than hype?
Croak: You're not a supplier! If you were a supplier you'd know it wasn't hype. That's why these beachhead programs are important. I think you will see us rolling out things within the year. It's May now, so we're talking about months. So definitely more than hype. It really is very disruptive technology in terms of the supply chain. And so they see it more than hype. They have to change in very fundamental ways.
The way that we used to work with the supplier community was that they would build specialized, proprietary hardware that was tightly coupled with software. They have to break that apart now and run software on commodity hardware, which we call white boxes, which are a lot less expensive than what we used to have. And then they have to virtualize their software.
FierceWireless: What are some of these beachheads?
Croak: They're both in the consumer and the enterprise space. I'm going to talk in general just so I won't be pre-announcing anything. In the enterprise space, as you think about what AT&T traditionally has sold to enterprises, it's private networking. You started out with analog, private lines, then you went to packet switching, you had ATM, frame relay and virtual circuits, [and] then IP came into place. And the de facto standard became virtual private networks through IP using MPLS technology.
One of the most important beachhead programs we'll be releasing later this year is a programmable VPN. So instead of AT&T doing all of the provisioning--providing you with new capacity, providing you with new features--we'll be able to program the VPN itself so that if there is new capacity that is needed you could spin it all in virtual machines. You could have service-chaining functions done so you can have--this is over time--QoS, additional bandwidth given to you.
FierceWireless: In terms of these beachheads, is enterprise going to be on equal footing with the consumer side?
Croak: I think it's going to be on equal footing.
FierceWireless: Moving to SDN/NFV requires giving up hardware and legacy, hardware-based jobs. How big of a problem is that and how does a carrier, especially of AT&T's size, break that apart?
Croak: That's a very insightful question. And it gets at what I think is one of the most important parts about this change. It's cultural. [AT&T network chief] John Donovan calls this a "skills pivot." We may be doing many, many different things in order to effect that. There will be courses for people to take to understand these new technologies and the speed at which we have to deploy them. There will be an intense hiring program for external people to come in, and new compensation packages to attract them and to retain them. That's why a lot of the work we're doing is going on in the Foundries, which we find much more appealing to new recruits.
FierceWireless: What are the common traits among Domain 2.0 vendors that have made AT&T comfortable in selecting them?
Croak: You'll see more announcements coming out as well, both from traditional vendors as well as much smaller vendors. One of the most important things is we want to adhere to open-source software. We want to make sure these vendors are relying on commodity-based hardware, that they are not building proprietary systems, that they can be very flexible and adaptable.
FierceWireless: What exactly is AT&T doing with these vendors? Are you actually deploying their software/services/equipment in commercial markets or mainly engaging in lab work for now?
Croak: We're doing both, and we're doing many different types of lab work. We're testing out things to make sure they are not just slide-ware, and we're taking them through all the rigor that you would normally do to make sure these products actually work. And then, as I said, we are actually using some of these vendors today for the beachhead programs that will go into the field later this year.
FierceWireless: Should we expect more Domain 2.0 vendor announcements this year? And will AT&T eventually have lots of Domain 2.0 vendors or will there be fewer than you had with legacy deployments?
Croak: Yes and yes. We want a very large ecosystem of vendors, both big, traditional vendors but many, many smaller vendors.