Our Take:

It’s all about mobile video. AT&T CEO Randall Stephenson discusses the significance of mobile video to the industry and what we should make of the Verizon-AOL deal and the DirecTV-AT&T merger in this Q&A from Fortune.com. Mobile is here to stay, and with these mergers show that it’s going to grow more:

“Half of our mobile network traffic is video now, and it’s really growing fast. Verizon has obviously made a move that reinforces that idea that mobile video is here to stay and is going to grow at a rapid pace. Our DirecTV merger is more about mobile video than home video. It’s an opportunity to have content that we can now begin to distribute over all of our mobile devices. We have 100 million mobile customers that we intend to distribute this video to.”

Growing a global network isn’t easy. Randall Stephenson, AT&T’s CEO, explains why streaming video keeps him up at night—and shares the tech he thinks can fix it.

Read More at fortune.com

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Another DirecTV Duopoly Strikeout

Another broadcast deal received the blessing of the FCC Media Bureau over DirecTV’s objections. The Mario Peter Iacobelli Revocable Trust, which controls Heritage Broadcasting, got the green light Thursday to acquire Cadillac Telecasting’s WFQX and WFUP.

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