a.t.&.t. c.e.o. randall stephenson. >> it gives us the opportunity to lead the way and to redefine the video entertainment business for a mobile and high-speed world. that includes delivering content to consumers across multiple screens, mobile devices, t.v.'s, laptops, the backseat displays of connected cars and even airplanes. >> ifill: the deal will give at&t and directv a combined 26 million video users in the u.s. a.t.&.t. already serves 116 million mobile customers. the purchase comes amid broad questions about the future of television and online video. in february, comcast unveiled plans to buy time warner cable for more than $45 billion, a deal that would serve more than 30 million cable subscribers and nearly as many broadband users. some lawmakers said such consolidation only hurts consumers. minnesota democrat al franken has questioned the a.t.&.t. deal and, last month, the proposed comcast purchase. >> we are here to question whether this deal is good for competition, whether it's in the

a.t.&.t. pledged today to "redefine the video entertainment industry" if it's allowed to buy satellite t.v. provider directv. the deal, valued at $48.5 billion, would create the nation's second largest pay t.v. operator. comcast and time warner cable would be the largest, under a merger proposed in february. both deals are subject to federal approval. british drug maker astrazeneca has rejected a final $119 billion takeover offer from american rival, pfizer. the move ends pfizer's long battle to form the world's largest drug company. astrazeneca says the bid did not reflect its true value. the balkans struggled today with the worst flooding in more than a century. at least 35 people were dead, and thousands more were forced to flee. across serbia, the raging sava river submerged entire towns, prompting mass evacuations. crews built a wall of sandbags around the country's main power plant to protect it. meanwhile, in sarajevo, bosnia's foreign minister said the damage there is immense. >> the c