Practically six years after shopping for DirecTV for $48.5 billion, AT&T at present introduced a deal to promote a minority stake within the enterprise unit and spin it out into a brand new subsidiary.
AT&T mentioned its cope with non-public fairness agency TPG Capital values the TV enterprise at $16.25 billion. A press launch mentioned that AT&T and TPG “will set up a brand new firm named DirecTV that can personal and function AT&T’s US video enterprise unit consisting of the DirecTV, AT&T TV, and