AT&T has told regulators that its proposed takeover of DirecTV is the only way they can compete with cable operators Time Warner Cable and Comcast in the market for bundled video and broadband services, reports the Wall Street Journal. In a filing of its public-interest statement with regulators, AT&T said that consumers increasingly want a bundle of broadband, voice and video services at home, and stressed that neither AT&T nor DirecTV were currently capable of providing such bundles nationwide. The filing claims that DirecTV is hindered by its inability to provide high-speed broadband, with AT&T only offering video in selected markets.
