Is DirecTV ripe for telco acquisition?
DirecTV (NASDAQ: DTV)’s solid first-quarter earnings have some in the industry considering the possibility of a telco acquisition of the satellite company. Bernstein Research senior analyst Craig Moffett described DirecTV as a safe choice for investors – its management is first rate as is its product and affluent customers. Plus, it has AT&T’s recent distribution agreement working for it. Coupled with its relatively simplified ownership structure announced earlier this week, Moffett said it has a “dollop of acquisition potential should AT&T or Verizon ever decide they’re bored simply being telecommunications companies.” more







