AT&T previously said it expects to receive approximately $7.6 billion in cash payments from DirecTV and TPG through 2029, which includes $1.7 billion in pre-tax quarterly distributions in the ...

AT&T did not reveal how much TPG Capital paid for its stake in the service. Last year , AT&T said it expected to report an additional $7.6 billion in cash payments once its interests in DirecTV ...

AT&T said last year that it expects to receive $7.6 billion in cash from DIRECTV through 2029. The telco, which purchased DIRECTV in 2015 for $49 billion, sold 30 percent of the company to TPG in ...

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 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 ...

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 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 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 is reportedly exploring a sale of its 70% stake in DirecTV, has until August 2024 to sell under pact inked with satellite service spinoff in 2021.

Sept. 30 (UPI) --AT&T announced on Monday it will sell its remaining 70% stake in DirecTV to the California private equity firm TPG totaling billions. While the deal still has to clear customary ...

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.

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 ...