Sources: AT&T is exploring options for its 70% DirecTV stake, such as adding a new investor or selling the stake and exiting the venture as early as August 2024 (Bloomberg)

October 5, 2023

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Bloomberg:

Sources: AT&T is exploring options for its 70% DirecTV stake, such as adding a new investor or selling the stake and exiting the venture as early as August 2024 — – Telecoms giant majority owns DirecTV with private equity TPG — Declining pay-TV customer base has cut into AT&T’s cash flow

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