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AT&T Advances Strategy with DIRECTV Stake Sale to TPG

By Yahoo! Finance   |   Oct 1, 2024 at 06:33 AM EST
AT&T Advances Strategy with DIRECTV Stake Sale to TPG

AT&T Inc. has agreed to sell its remaining stake in DIRECTV to TPG for an expected $7.6 billion by 2029, focusing on 5G and fiber connectivity. The deal will provide immediate cash and future installments, enhancing AT&T's financial position.

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