AT&T is hiking the price of DirecTV Now after promising lower consumer prices in Time Warner trial [telecom]

AT&T Inc. told a federal judge this year that its landmark merger with Time Warner Inc. probably would result in lower prices for its DirecTV customers. But the telecom giant is now saying that it will raise the price of DirecTV's online streaming service, DirecTV Now, by $5 a month for new and existing customers.

The decision affects all service tiers of the product, according to Cord Cutters News, which first reported the change. That brings the base tier to $40 per month and the topmost tier to $75. In a statement, AT&T said its decision was driven by industry trends.

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Bill Horne
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