AT&T Finishes Offloading DirecTV

AT&T finishes offloading DirecTV

The close of the $7.6 billion deal, originally announced last September, frees AT&T from a legacy media business that has lost significant value in recent years.

AT&T completes transaction involving 70 percent stake in DirecTV

An AT&T retail store. (Handout photo courtesy AT&T, Graphic by The Desk) AT&T has sold its remaining stake in satellite and streaming pay television provider DirecTV to TPG Capital, the company announced on Wednesday. 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 formerly known as AT&T U-Verse …

Deal Roundup: Odyssey agrees $1.3bn Applied Techical Services sale, TPG completes DIRECTV buyout from AT&T

Odyssey Investment Partners has agreed to sell Applied Technical Services to trade buyer SGS at a $1.3bn valuation. The post Deal Roundup: Odyssey agrees $1.3bn Applied Techical Services sale, TPG completes DIRECTV buyout from AT&T appeared first on AltAssets Private Equity News.

AT&T closes DirecTV stake sale to TPG Capital

AT&T finalised the sale of its 70 per cent stake in DirecTV to TPG Capital, concluding a deal that was struck in September 2024. In a short statement, the US operator confirmed it had completed the sale to the US and European private equity arm of the wider asset management company TPG. When the deal was first agreed, AT&T stated it expected to generate $7.6 billion through cash payments from the sale of the business, which has lost significant …

AT&T and TPG Close DIRECTV Transaction - IT News Direct

DALLAS, July 2, 2025 /CNW/ —  AT&T completes sale of entire remaining 70% stake in DIRECTV to TPG. Today AT&T (NYSE:T) announced it has closed its previously announced transaction to sell its entire remaining 70% stake in DIRECTV to TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG. To automatically receive AT&T financial news by email, please subscribe to email alerts. About AT&T We help …

DIRECTV Has Been Sold As AT&T Exits The Satellite TV Service

In a significant move to streamline its operations and focus on core telecommunications and 5G expansion, AT&T Inc. announced today the successful closure of its previously disclosed transaction to sell its entire remaining 70% stake in DIRECTV to TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG. The […] The post DIRECTV Has Been Sold As AT&T Exits The Satellite TV Service appeared first …