AT&T promised lower prices after Time Warner merger—it’s raising them instead
AT&T is raising the base price of its DirecTV Now streaming service by $5 per month, despite promising in court that its acquisition of Time Warner would lower TV prices. AT&T confirmed the price increase said it began informing customers of the increase this past weekend. "The $5 increase will go into effect July 26 for new customers and varies for existing customers based on their billing date," an AT&T spokesperson said. The $5 increase will affect all DirecTV Now tiers except for a Spanish-language TV package. That means the DirecTV Now packages that currently cost $35, $50, $60, and $70 a month will go up to $40, $55, $65, and $75. "To continue delivering the best possible streaming experience for both new and existing customers, we're bringing the cost of this service in line with the market—which starts at a $40 price point," AT&T said. Just two months ago, AT&T said in a court filing that buying Time Warner would allow it to lower TV prices.
AT&T promised lower prices after Time Warner merger—it’s raising them instead AT&T is hiking the price of DirecTV Now, despite promising lower consumer prices in the Time Warner trial (Washington Post)