Better Buy: Netflix vs. AT&T
In the past, Netflix (NASDAQ: NFLX) and AT&T (NYSE: T) generally weren't considered competitors. Netflix owned one of the world's largest video streaming platforms, and AT&T mainly provided wireless, wireline, and pay TV services in the U.S. and Latin America.
But the two companies' interests started overlapping after AT&T bought Time Warner two years ago. That $85 billion purchase laid the foundations for AT&T's new streaming media ecosystem, which it hoped would offset its ongoing loss of pay TV subscribers at DirecTV, U-verse, and AT&T TV.
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Source Fool.com
