A Telecom/Broadband/TV/Wireless/(and now) Entertainment Behemoth: AT&T Buys Time Warner

[Commentary] On October 22, 2016, AT&T and Time Warner announced a definitive agreement under which AT&T will acquire Time Warner for $85.4 billion. If the deal is approved, AT&T would become the second-largest wireless carrier, the largest pay-TV provider, and the largest U.S. entertainment company. This blockbuster deal has huge implications for telecommunication, broadband, television, wireless, and the entertainment marketplaces. Concerns over market consolidation, vertical integration, and privacy will all be discussed in the months ahead. Here’s an overview of the deal and what to expect going forward.