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Carrier Catch-Up: A Look At The Latest Buzz From The Telecom Industry

From proposed mergers, to shady location-based data contracts ending, to the battle over the life of net neutrality regulations, the telecom market continued to heat up last month. Here's some of the recent attention-grabbing headlines that solution providers should know about.

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AT&T Reportedly Planning To Buy All Of Otter Media

On the heels of its $85 billion Time Warner Deal, reports surfaced that AT&T once again opened its checkbook in June. The Dallas-based carrier reportedly plans to acquire all of Otter Media, the internet video company currently valued around $1 billion that the carrier co-owns with The Chernin Group.

The deal, which has been in the works for a couple of years, was reportedly on hold until AT&T’s Time Warner acquisition closed. Owning all of Otter will give AT&T full control of assets including video company FullScreen, and Crunchyroll, a subscription anime service. The deal is expected to close this summer, according to sources familiar with the matter.

 
 
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