CBS News (September 30, 2024): AT&T is lowering the curtain on its foray into the entertainment business, selling its majority stake in satellite TV provider DirecTV to private equity firm TPG for ...

AT&T is selling its 70% stake in DIRECTV, the last major piece of the company's media empire. AT&T wasted billions of dollars on media acquisitions over the past decade, piling up debt in the process.

DirecTV has also stated it will start developing its own streaming services. MSN reported that EchoStar “will retain control of Dish’s 5G cellular business through the Boost Mobile brand,” explaining ...

"We believe that consumers don't want to be the aggregators -- or at least a majority of consumers in the marketplace would not prefer to have to go out and manage all these multiple accounts of those ...

Additionally, TPG announced that it will acquire AT&T’s remaining 70 percent stake in DIRECTV. TPG will invest in DIRECTV through TPG Capital, the firm’s U.S. and European private equity platform. The ...

A DirecTV satellite dish. (Photo by “Hurricane Geek” via Wikimedia Commons) Three years after spinning off its pay television service DirecTV into a separate company, AT&T says it is finally ready to ...

After just under a decade of ownership, AT&T is offloading DirecTV. AT&T has agreed to sell the remainder of its majority stake in digital satellite TV provider DirecTV for around $7.6 billion ...

The deal, announced Monday, comes more than a decade after AT&T agreed to buy DirecTV for $48.5 billion, an acquisition that was designed to give the telecom giant a larger base of video ...

DirecTV unveiled plans Monday to buy Dish Network, bringing together two ... The deal also would transfer majority ownership of DirecTV from AT&T to the private equity firm TPG Capital, which ...

DirecTV agreed to buy satellite rival Dish network Monday ... “We believe that consumers don’t want to be the aggregators — or at least a majority of consumers in the marketplace would ...

Under the deal, DirecTV will pay Dish’s owner, EchoStar, just $1 for Dish in exchange for assuming its billions of dollars in debt. Private equity firm TPG, meanwhile, will acquire AT&T’s ...