AT&T has officially exited the entertainment business after closing the sale of its remaining 70% stake in DirecTV to TPG. The private equity firm, which has $258 billion in assets under management, ...

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 ...

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 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.

AT&T announced on Monday to sell its remaining 70% stake in DirecTV to the California private equity firm TPG totaling billions.

AT&T's sale of its remaining 70% stake in DirecTV is expected to close in the second half of 2025.

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 ...