AT&T Completes DirecTV Spinoff to Private Equity Firm

After first announcing its intention to throw in the pay TV towel in February, AT&T has officially offloaded DirecTV, AT&T TV and U-verse. Top line The connectivity company said today that it had closed on the previously announced spinoff of the company’s satellite, streaming and IP video businesses into a separate video company. The spun-off…
After first announcing its intention to throw in the pay TV towel in February, AT&T has officially offloaded DirecTV, AT&T TV and U-verse. Top line The connectivity company said today that it had closed on the previously announced spinoff of the company’s satellite, streaming and IP video businesses into a separate video company. The spun-off…