DirecTV-Dish merger on the cards as market flounders
Talk of a merger between DirecTV and Dish has resurfaced once again, but this time the broader market conditions could make such a move more likely to get regulatory approval.
Talk of a merger between DirecTV and Dish has resurfaced once again, but this time the broader market conditions could make such a move more likely to get regulatory approval.
AT&T has agreed to sell its Crunchyroll anime business to Sony for close to US$1.2 billion, and is reportedly in the latter stages of a sale process for DirecTV, which could be worth about $15 billion.
Reports are circulating the telecoms press pages suggesting AT&T investors are pressuring new CEO John Stankey to sell assets in DirecTV.
A report is suggesting AT&T is mulling over the prospect of selling its DirecTV assets as pressure mounts on the management team.
If there is a headache in the shape of activist investor Elliott Management already, AT&T executives will be reaching for the aspirin once again as investors sue over suspect figures.
The AT&T earnings call was somewhat of a mixed bag of results, with gains on mobile but it somewhat irresponsibly managed to misplace 267,000 DirecTV Now subscribers; its ok says CEO.
DirecTV announced today that users of several models of its set-top boxes will be able to select programs, start and stop play, as well as control recording functions with voice, using Amazon’s AI personal assistant Alexa.
The FCC has given AT&T the green light to go ahead with its acquisition of pay-TV operator DirecTV, under some strict expectations, which will see the telco bolster its multiplay strategy and customer base.
DirecTV shareholders have overwhelmingly voted for the proposed take-over by AT&T. 99% of votes cast were in favour of the deal, which, if approved by regulators, will mean 77% of all shares going to AT&T.
Microsoft has written to the US Federal Communications Commission (FCC) urging for its approval of AT&T’s bid for US and Latin American pay TV provider DirecTV.
US satellite operator Dish Network has submitted an official filing with regulator the FCC, expressing concerns over two of the biggest proposed mergers on the table in the US market at present. Dish wants the pending Comcast and Time Warner Cable, and AT&T and DirecTV deals to go under the microscope.
US carrier AT&T has offloaded an 8.27 per cent stake, worth around $5.6bn, in Latin American operation America Movil, as it seeks to fund its acquisition of DirecTV. The America Movil shares were snapped up by the company’s billionaire owner, Carlos Slim, via his holding company Inmobiliaria Carso.
US carrier AT&T has announced plans to acquire US and Latin American pay TV player DirecTV in a deal valued at $48.5bn. The deal will create a service provider with an offering across mobile, broadband and video that is unprecedented in the market, AT&T said. The transaction, which also involves AT&T assuming $18.6bn in debt, should take a year to complete, the telco said.
Satellite television companies had the wireless operators on their toes Wednesday during the first rounds of bidding for advanced wireless services spectrum in the US. According to reports, a consortium of satellite operators, EchoStar Communications and DirecTV topped the bidding with a $282.5m (£148m) offer for 13 licenses. With the playing field blown wide open […]
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