The satellite TV giant, which is now fully owned by the private equity firm, expects to increase its investments in video ...

Private 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 sale involves a 70 percent stake that AT&T retained for itself after spinning out DirecTV into a separate, privately-held company nearly four years ago. The sale also includes U-Verse, a platform ...

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.

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.

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 Exploring Sale Of DirecTV Stake: Report - 10/05/2023. ... AT&T bought DirecTV in 2015 for $48.5 billion plus $17 billion in debt.

AT&T's sale of its remaining 70% stake in DirecTV is expected to close in the second half of 2025. Both parties have the right to walk away from the deal if it hasn't closed by Oct. 31, 2025 ...

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.

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 ...

The telecom giant will sell its 70% stake in DIRECTV, marking the end of a painful and costly era. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...