NEW YORK (TheStreet) -- AT&T Inc. (T) may have to make some concessions regarding its pending $48.5 billion acquisition of pay-TV provider DirecTV (DTV) if regulators go along with the requests of Dish Network (DISH), Cogent Communications (CCOI) and some advocacy groups as they are asking for restrictions on AT&T's power over online video and other content as part of the merger deal, Reuters reported.
On May 8 the critics met with a team of officials from the FCC, which included top merger reviewers, and proposed a detailed set of demands and potential conditions for the deal.
One of the demands was that the FCC make AT&T promise to sell Internet service as a standalone service at a reasonable price and same speed outside of any packages it may offer. They also want AT&T to have to comply with the new stricter net neutrality rules for seven years after the merger.
AT&T is expected to meet and negotiate with both the DOJ and FCC in the coming days, Reuters noted, adding that the deal is expected to be approved with some conditions.
Shares of AT&T are up by 0.43% to $34.04 in late morning trading on Thursday.
Separately, TheStreet Ratings team rates AT&T INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate AT&T INC (T) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself."