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Axios on MSNAT&T completes $7.6 billion sale of DirecTVPrivate equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T. Why ...
The satellite TV giant, which is now fully owned by the private equity firm, expects to increase its investments in video ...
When AT&T bought DirecTV, the satellite service had 20.3 million US customers, and AT&T’s own U-verse cable system had another 5.7 million, for a total of 26 million.
DirecTV is now a stand-alone company. After a disastrous six-year foray into satellite TV, AT&T is spinning off the company for $7.1 billion in cash.
AT&T and DirecTV's $49 billion merger could have broad implications for your TV service, impacting how and where you watch your favorite programs -- including the NFL.
AT&T's DirecTV has lost 4 million customers in two years. Cost-cutting and big decisions loom, including whether to pay to keep exclusive rights to NFL Sunday Ticket.
AT&T announced earlier this year that it would spin its video properties DirecTV, AT&T TV, and U-verse into a new company it would co-manage with private equity firm TPG Capital. That transaction ...
DirecTV has lost about 2 million customers during that span, and “the continued subscriber losses, coupled with outside calls for change, “will force AT&T to take some action,” Swann says.
AT&T's existing television service, called U-verse, only has about 5 million subscribers. DirecTV has more than 20 million. DirecTV also has the popular NFL Sunday Ticket package of out-of-market ...
Talks between AT&T and DirecTV were reported last month, and stepped-up discussions and AT&T's willingness to pay a premium, about $50 billion, to consummate the deal came to light Monday.
AT&T is selling its 70% stake in DirecTV in a seismic deal for the satellite television world that will make the combined provider the biggest pay-TV provider in the U.S.. Under the terms of the ...
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