Several parties that urged the FCC to reject...
Several parties that urged the FCC to reject the Comcast/Time Warner Cable deal support the AT&T/DirecTV deal with conditions, said a Guggenheim Partners analyst. Analysts expect both mergers to be approved, but the AT&T/DirecTV comments may suggest a more manageable…
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approval path for that merger than for the Comcast/Time Warner Cable buy, said analyst Paul Gallant. Dish Network, Public Knowledge and Netflix took a more even-handed position on the AT&T transaction than they did the Comcast deal, he said Friday in a research note. “This is noteworthy and suggests to us that AT&T/DirecTV is likely to face less strident opposition than Comcast/TWC.” Those entities will probably be among the “leading voices” at the FCC and Department of Justice on both deals, he said. Their moderate tone on AT&T/DirecTV “is incrementally positive for that merger and introduces an additional note of caution on Comcast/TWC,” he said. Initial comments in the AT&T/DirecTV proceeding were due last week.