Will Trump follow through on his promise to block AT&T's planned acquisition of Time Warner?

Will Trump follow through on his promise to block AT&T's planned acquisition of Time Warner?
When AT&T announced that it was purchasing Time Warner for $85.4 billion last month, Donald Trump promised to block the deal if he was elected president, saying that "It's too much concentration of power in the hands of too few." At the time, it seemed like a threat that AT&T wouldn't have to deal with. But following the shocking election results on Tuesday night, the carrier's plans now seem up in the air.

One of the properties involved in the purchase, 24-hour cable news service CNN was decidedly pro-Clinton throughout the campaign. Trump could decide to block the deal just for revenge. In his original statement, he said that the AT&T bid for Time Warner was an example of how the "power structure" was rigged against him.  

Besides CNN, some of the other properties that AT&T is looking to pick up in the deal include the Warner Brothers Studio, HBO, TNT, TBS and 10% of streaming video company Hulu. Content is important in mobile, and the nation's second largest carrier would be picking up a treasure trove of content if the deal goes through.

About 30 months ago, AT&T acquired DirecTV for $48.5 billion, picking up 142 million wireless subscribers and 38 million pay TV subscribers. In July, Verizon purchased Yahoo for $4.83 billion.

Historically, Republican administrations have been pro-business and pro-merger. But Trump won the presidency as a political outsider, which means that past rules do not apply. 

source: FierceWireless



3. fyah_king unregistered

He ain't doing sh1t!

7. youlookfoolish

Posts: 193; Member since: Dec 14, 2012

Alan at his worst again. Alan, remember when Trump got into a twitter battle with John Legere and teased T-mobile for having trash service??

9. Rock_Hardwood

Posts: 117; Member since: May 11, 2015

I see we are still bashing trump, The thing here is that more competition is good for the customers and that is why this deal should not go through. Otherwise lets just let att verizon and t mobile merge into one company and see what you will pay. Not only are you all "thrifty" androboys, your also tools of the elite.

12. kiko007

Posts: 7520; Member since: Feb 17, 2016

"Not only are you all "thrifty" androboys, your also tools of the elite." Your statement is the biggest contradictory assessment I've ever encountered in my life....

20. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

What wrong about being thrifty? Or to be using Android, >80% of smartphone user are using Android. Thrifty Android user, i am with him!

10. kiko007

Posts: 7520; Member since: Feb 17, 2016

Congrats guys! We let a f**king jester run the country.....how exciting! Every other competent foreign leader must be capping at this development....... how far the Romans have fallen this day.

15. lyndon420

Posts: 6868; Member since: Jul 11, 2012

Last time we had a president worth mentioning was Kennedy. So this will either be par for the course, or we might be seeing another presidential assassination...they always try to kill off the good ones who actually gave a damn about the people. Up until now Trump has been exposing not just Hillary for the crook (and pedo) that she is, but also alot of the bs and corruption in politics etc. The Bush family loves their drugs and wars, Obama likes his ISIS project, and the Clintons...just really like Obama and want to be his puppet.

14. bugsbunny00

Posts: 2267; Member since: Jun 07, 2013

Go Trump do your thang!..

21. CX3NT3_713

Posts: 2363; Member since: Apr 18, 2011

I still can't believe America voted for that piece of sh*t.

22. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Not necessarily a bad thing. He does not have a proven track record of taking establishment money and doing their every bidding. With a republican president, senate and house maybe they could have a positive change. The democratic had their chance but they squander it. Over this 8 years they have proven to be corrupted and a pussy. Republican are corrupted but at least they have some back bone.

23. asiansatan

Posts: 59; Member since: Sep 18, 2014

Anti-Trump bickering here shows where he gots his votes from. Unless we understand the sentiments of the people from the other side of the fence, days of the tribe that populate sites like this are numbered... whether for the good or bad!

25. kiko007

Posts: 7520; Member since: Feb 17, 2016

Based on your username alone I can denote your opinion as "superfluous" at best, and downright idiotic at worst......

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