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AT&T will be launching a “skinny bundle” of television channels that will only cost $15 a month, according to 《华尔街日报》. This would make the offer, which does not include sports, one of the cheapest available for live streaming TV.
The deal, to be called AT&T Watch, was announced by chief executive Randall Stephenson on Thursday when he testified during the AT&T-Time Warner antitrust trial. Stephenson brought up the new product to counter the Justice Department’s argument that AT&T continues to raise prices on its traditional DirecTV satellite service. The included channels were not specified, but Stephenson said that AT&T Wireless subscribers would receive AT&T Watch for free. The service should be launched within the next few weeks. AT&T currently offers a bigger streaming TV service through DirecTV, which has seen continued growth since launch, but is more expensive.
AT&T is currently in court to argue its case for buying Time Warner. If approved, the purchase will combine AT&T’s 25 million paid TV subscribers with media giants like HBO, CNN, and Warner Bros. movie studios. The Justice Department has objected to the merger, saying it would add to an anti-competitive environment for consumers.