Mark Lowenstein, managing director of Mobile Ecosystem, admits he's never been a big fan of AT&T's (NYSE: T) $49 billion DirecTV (NASDAQ: DTV) purchase. "Pay-TV is not a growing business, and I believe AT&T's dollars would have been better spent expanding its broadband business in the U.S.," he writes in FierceWireless.
But now that AT&T actually owns DirecTV and its 20 million U.S subscribers (and 19 million in Latin America), it is what is. And Lowenstein has some suggestions on what the telecommunications industry might expect now that AT&T has closed on the deal. You can read his full analysis here.
