Twitter needs to close a deal with Elon Musk: Morning Brief
If You’d Invested $10,000 in AT&T in 2015, This Is How Much You Would Have Today
Back in 2015, AT&T (NYSE: T) closed its $49 billion purchase of DirecTV to become the country’s largest pay-TV provider. At the time, AT&T believed that acquisition would strengthen its business with a four-way bundle of its mobile, fixed-line, internet, and pay-TV services. AT&T bought Time Warner for $85 billion in 2018 to build its own streaming services, but that expansion was chaotic, costly, and offset the relatively stable growth of its telecom business.