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AT&T near USD 50 bln takeover of DirecTV - report
2014-05-13 09:18:00| Telecompaper Headlines
(Telecompaper) AT&T is in advanced talks to acquire DirecTV for about USD 50 billion, people familiar with the matter told Bloomberg. Under the plan being discussed, management of DirecTV, the largest US satellite-TV provider, will continue to run the company as a unit of AT&T. DirecTV CEO Mike White plans to retire after 2015, the report said. The deal is more than a week away from being completed, one source told Bloomberg. The two companies are still negotiating a price, which could come close to USD 95 a share, depending on how much cash or stock is in the transaction. Two other people said the price could go as high as USD 100 per DirecTV share. DirecTV had also drawn merger interest from rival Dish Network, Bloomberg reported earlier. However, Dish chairman Charline Ergen recently said he though the satellite-TV rival is too expensive to pursue.
AT&T in talks to buy DirecTV for nearly $50 billion: sources
2014-05-13 06:16:11| Telecom - Topix.net
AT&T Inc is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks that could be worth close to $50 billion, two people familiar with the matter said on Monday.
AT&T in advanced talks to buy DirecTV for about $50 billion: source
2014-05-13 03:06:15| Telecom - Topix.net
AT&T Inc is in advanced talks to buy satellite TV provider DirecTV for about $100 per share, or roughly $50 billion, a person familiar with the matter said on Monday.
AT&T's $50bn DirecTV deal could come soon
2014-05-13 02:00:00| Total Telecom industry news
Sources say U.S. telco is in talks with satellite provider and could reach an agreement in the next couple of weeks.
DIRECTV US adds 12,000 subscribers; DTVLA adds 361,000 in 1Q 2014
2014-05-06 14:00:01| Digital TV News
DIRECTV (NASDAQ:DTV) has reported first quarter 2014 results. DIRECTV U.S. net subscriber additions at 12,000 were lower than the prior year period. DTVLA net additions of 361,000 were also lower than the prior year.
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