AT&T agrees to conditions with feds in $48.5B DirecTV purchase

Apparently, AT&T has agreed with the feds on the conditions paving the way for it to buy DirecTV. AT&T worked out the plan with the Justice Department. Agreeing to comply means the Department of Justice will likely clear the AT&T deal in October.

The Federal Communications Commission still has not ruled on the merger. The move will allow AT&T to add DirecTV’s 20 million satellite-TV subscribers to its 5.7 million U-Verse TV service subscribers, which currently spans 22 states.