The satellite TV giant, which is now fully owned by the private equity firm, expects to increase is investments in video ...

The sale involves a 70 percent stake that AT&T retained for itself after spinning out DirecTV into a separate, privately-held ...

TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the completion of its acquisition from ...

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

AT&T purchased DirecTV 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.

AT&T agreed to sell its remaining 70% share of DirecTV to TPG for roughly $7.6 billion in payments through 2029, sealing the telecom giant’s exit from the entertainment business. TPG bought a 30 ...

TPG said it will invest in DIRECTV through TPG Capital, the firm's U.S. and European private equity platform. DIRECTV also plans to make a special distribution of at least $1.625 billion to its ...

DirecTV will take on $9.75 billion of Dish debt if the deal is completed. In a related transaction also announced today , private equity firm TPG plans to buy AT&T's 70 percent stake in DirecTV.

As part of the spin off from AT&T to TPG, DirecTV will need to pay $2 billion to the telecom giant in 2025 and an estimated $7.6 billion through 2029, the companies said.

By Phillip SwannThe TV Answer Man –Follow me on X.Former editor of Satellite DIRECT magazine. Reported on DIRECTV for 30 ...

AT&T finalised the sale of its remaining 70 per cent stake in DirecTV to TPG Capital, concluding a deal that was struck in ...