reader comments 87 with 71 posters participating Share this story AT&T has completed its spinoff of DirecTV after six years of mismanagement in which nearly 10 million customers ditched the company’s pay-TV services. AT&T bought DirecTV for $49 billion ($67 billion including debt) in July 2015 even though DirecTV and other traditional TV services were… Read More »
Enlarge / AT&T’s logo at its corporate headquarters on March 13, 2020 in Dallas, Texas. reader comments 55 with 46 posters participating Share this story Nearly six years after buying DirecTV for $48.5 billion, AT&T today announced a deal to sell a minority stake in the business unit and spin it out into a new… Read More »
Enlarge / A man walks with an umbrella outside of AT&T corporate headquarters on March 13, 2020, in Dallas, Texas. reader comments 60 with 51 posters participating Share this story AT&T lost 617,000 customers from DirecTV and its other TV businesses in the final quarter of 2020, capping a year in which it lost nearly… Read More »
Enlarge / A DirecTV satellite dish seen outside a bar in Portland, Oregon, in October 2019. reader comments 54 with 40 posters participating Share this story AT&T is reportedly closing in on a deal to sell a stake in DirecTV to TPG, a private-equity firm. Unfortunately for customers hoping that AT&T will relinquish control of… Read More »
Enlarge / AT&T corporate offices on November 10, 2020 in El Segundo, California. Getty Images | AaronP/Bauer-Griffin reader comments 141 with 116 posters participating Share this story AT&T is disappointed in the $15 billion offers it has received for DirecTV and has “told prospective bidders it may cancel the auction altogether if it doesn’t get… Read More »
Enlarge / A DirecTV satellite dish seen outside a bar in Portland, Oregon, in October 2019. Getty Images | hapabapa reader comments 45 with 39 posters participating Share this story AT&T has announced another round of price hikes for DirecTV satellite and U-verse TV services, with monthly prices set to rise up to $9 starting… Read More »
Enlarge / AT&T’s logo and share price displayed on a monitor at the New York Stock Exchange on Tuesday, Jan. 22, 2019. reader comments 33 with 25 posters participating Share this story AT&T lost 627,000 TV customers in Q3 2020, an improvement over previous quarters as the company continues its attempt to sell its failing… Read More »
Enlarge / AT&T’s logo and share price displayed on a monitor at the New York Stock Exchange on Tuesday, Jan. 22, 2019. Getty Images | Bloomberg reader comments 94 with 78 posters participating Share this story AT&T is reportedly moving ahead with its plan to sell DirecTV despite receiving bids that value the satellite division… Read More »