WHAT WE KNOW:
(Gizmodo) AT&T is said to be very close to a deal for a minority stake in DirecTV AT&T TV Now and U-Verse.
• AT&T is close to closing a deal with private equity firm TPG for $15 Billion.
• AT&T bought DirecTV for $49 billion back in 2015
• AT&T was reportedly first looking to ditch DirecTV or merge it with Dish in 2019 after it lost 4 million pay-TV subscribers in 2019, ending that year with 20.4 million subscribers in the US.
• AT&T lost almost 3 million video customers in 2020.
HEADLINES:
• AT&T Reportedly Close to Making Its Problem Child Somebody Else’s Issue
• AT&T is about to partly sell DirecTV and AT&T TV Now, report says
UPDATES:
THIS IS A DEVELOPING STORY.
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