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The joint venture includes cable channels like Lifetime, Vice TV and the History Channel, as well as a robust slate of ...
With the sale of its 70% stake in satellite television provider DIRECTV, telecom giant AT&T (NYSE: T) is finally fully out of the media business.
With the sale of its 70% stake in satellite television provider DIRECTV, telecom giant AT&T (T -0.88%) is finally fully out of the media business.
With the sale of its 70% stake in satellite television provider DIRECTV, telecom giant AT&T (NYSE: T) is finally fully out of the media business. The company wasted many billions of dollars over ...
We previously shifted our stance on AT&T to neutral due to a balanced risk-reward. The sale of DirecTV, despite a significant loss, aids AT&T's deleveraging and refocuses on its core business. AT ...
AT&T will sell its remaining 70% stake in DirecTV to partner TPG for $7.6 billion. The sale does not depend on TPG completing its plan to also acquire EchoStar's Dish Network and Sling television ...
AT&T has agreed to sell the remainder of its majority stake in digital satellite TV provider DirecTV for around $7.6 billion, according to financial documents filed with the SEC yesterday.
This sale allows AT&T to continue to focus on being the leading wireless 5G and fiber connectivity company in America. This transaction also continues to strengthen AT&T's balance sheet by pulling ...
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.
AT&T is lowering curtain on its foray into the entertainment business, selling its majority stake in satellite TV provider DirecTV to private equity firm TPG for $7.6 billion.
AT&T purchased DirecTV for $48.5 billion back in 2015. But in 2021, following the loss of millions of customers, AT&T sold a 30% stake of the business to TPG.