AT&T to sell remaining stake in DirecTV to private equity firm
The company expects to see an influx of cash to the tune of nearly $8 billion from the sale of its 70 percent stake in the pay TV business.
The company expects to see an influx of cash to the tune of nearly $8 billion from the sale of its 70 percent stake in the pay TV business.
AT&T may sell some or all of its stake in DirecTV as it looks to exit the traditional video business, according to a new report published by Bloomberg.
AT&T has finalized a transaction that severs its pay television products from the rest of the phone company’s assets.