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DirecTV logo 2005 to 2011. The "D" symbol was used in some capacity from 1994 until AT&T bought DirecTV in 2015. On January 31, 2005, ...
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 ...
In July 2015, AT&T purchased DirecTV for $48.5 billion. [50] [51] [52] AT&T then announced plans to converge its existing U-verse home internet and IPTV brands with DirecTV, to create AT&T Entertainment. [53] [54] [55] On October 22, 2016, AT&T announced a deal to buy Time Warner for $108.7 billion in an effort to increase its media holdings.
AT&T purchased DirectTV 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 in a deal valued at $16.25 billion. Like many traditional TV providers, DirecTV has been dragged down by dwindling demand and other headaches in the ever-evolving media landscape.
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 ...
By Liana B. Baker, Soyoung Kim and Marina Lopes AT&T plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge as ...
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.
AT&T, which bought DirecTV in 2014, three years ago spun off the satellite TV operator, retaining a 70% stake and private-equity firm TPG Capital holding the remaining 30%.