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On September 30, 2024, AT&T announced that they would sell their remaining 70% stake to TPG Inc. for $7.6 billion. Once the transaction is completed, TPG Inc. will have 100% ownership of DirecTV, splitting the company off from AT&T for the first time since 2015. AT&T and TPG Inc. expect the sale to close in the second half of 2025. [8]
APTraders gather at the post that handles AT&T on the floor of the New York Stock Exchange on May 19, 2014, the day after AT&T announced it intended to buy DirecTV for $48.5 billion. By Anya ...
The deal, announced Monday, comes more than a decade after AT&T agreed to buy DirecTV for $48.5 billion, an acquisition that was designed to give the telecom giant a larger base of video ...
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On July 9, 2001, it spun off AT&T Wireless Services in what was then the world's largest initial public offering (IPO). Later that year it spun off AT&T Broadband and Liberty Media, which comprised its cable TV assets. AT&T Broadband was subsequently acquired by Comcast in 2002, and AT&T Wireless merged with Cingular Wireless LLC in 2004.
Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5.2 billion. Surviving parts of Hughes Electronics are today known as DirecTV Group, while the automotive divisions became Aptiv.
Past AT&T contract disputes with WRAL and with the CBS 17 parent company lasted for nearly three months. Will outages go that long this time? CBS is still unavailable to AT&T, DIRECTV customers in ...
Today, AT&T stores sell all AT&T products and services: Wireless, Landline, Internet, U-Verse, DIRECTV, and more. AT&T currently markets all services under one brand, even though the wireless division is commonly referred to as "AT&T Mobility" both internally and externally.