AT&T Corp.
AT&T and DirecTV defend deal on Capitol Hill
AT&T and DirecTV defend deal on Capitol Hill

The top executives of AT&T and DirecTV spent Tuesday on Capitol Hill making the case for their proposed $48.5-billion deal that will combine the telecommunications giant with the satellite broadcaster to create a video and broadband behemoth. In appearances before the House Subcommittee on Regulatory Reform, Commercial and Antitrust Law and the Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights, AT&T Chief Executive Randall Stephenson and DirecTV Chief Executive Michael White said consumers would benefit from the combination. Announced last month, the AT&T-DirecTV deal came just three months after cable television giant Comcast struck a deal to purchase Time...