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AT&T offloads remaining stake in DirecTV to TPG in a $7.6 billion deal; shares up

By Yahoo! Finance   |   Sep 30, 2024 at 07:49 AM EST
AT&T offloads remaining stake in DirecTV to TPG in a $7.6 billion deal; shares up

AT&T is selling its 70% stake in DirecTV to TPG for $7.6 billion, signaling its exit from the declining satellite TV business. The move aims to refocus on wireless and fiber connectivity, enhancing the company's financial standing.

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