To start, AT&T will offer the “Go Big” plan offers 100+ channels for $35 per month. DirecTV Now’s “Go Big Plan” channel list includes: Everything in “Just Right” plus American Heroes, BBC World News, ...

AT&T appears set to take on its one-time partner America Movil in Carlos Slim’s own stronghold, as the US telecom giant has announced plans to acquire satellite broadcaster DirecTV for $48.5 billion.

DirecTV owns 93 percent of Sky Brazil, the country’s largest pay-television provider, as well as 41 percent of Sky Mexico, which provides service in Mexico, Central America and Dominican Republic.

For AT&T Inc., buying DirecTV means saying goodbye to one of the world’s richest people and, potentially, hello to another. Specifically, trading Carlos Slim for Warren Buffett. As part of its effort ...