SSI logo

AT&T Confirms $48.5B Purchase of DirecTV

It is unclear how AT&T's acquisition of DirecTV will impact the electronic security industry.

By ·

AT&T officially agreed to buy DirecTV for $48.5 billion, the company announced Sunday.

The transaction will allow AT&T to expand its broadband network to more than 70 million customer locations, according to a company press release.

The announcement comes a few months after Comcast announced it would acquire Time Warner Cable for $45 billion. As with the Comcast/TWC deal, both AT&T and DirecTV offer home security/home automation offerings.

AT&T’s Digital Life is a professionally monitored and installed service. The service, which launched in 2013, is currently operating in 75 markets nationwide, with CNET reporting that the firm has plans to add six more cities to its Digital Life roster on May 23.

Last year, DirecTV entered into the home security space with its purchase of LifeShield Home Security, a do-it-yourself security company. When SSI spoke with DirecTV’s Robert Mercer last year, he explained that the No. 1 U.S. satellite TV provider found the video home security business to be a good strategic fit because it was profitable and had low market penetration.

It is unclear how the deal will affect the Digital Life or LifeShield services.

AT&T is offering $95 per DirecTV share in a combination of stock and cash. The transaction has a total value of $67.1 billion, including the assumption of DirecTV’s net debt, Reuters reports.

The agreement has been approved unanimously by the boards of directors of both companies, but is subject to regulatory approval by the federal government.

Article Topics
Business Management · Vertical Markets · News · AT&T · DirecTV · Mergers & Acquisitions · All Topics

About the Author
Ashley Willis
Ashley joined SECURITY SALES & INTEGRATION in 2010. She has worked on many trade publications, including Auto Rental News, Business Fleet, Automotive Fleet, Work Truck and Government Fleet, to name a few. She earned her undergraduate degree in English with an emphasis on education from California State University, Northridge (CSUN). Based in California, she is also the Web Editor for Campus Safety magazine.
Contact Ashley Willis: [email protected]
View More by Ashley Willis

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You'll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.
A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!

AT&T, DirecTV


Don't miss out! Subscribe to Security Sales & Integration magazine today. - Security Sales & Integration


View all security resources & downloads