AT&T in Talks to Buy DirecTV for About $50 Billion, Joins Consolidation Race

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AT&T Inc. (T), joining the ranks of U.S. TV, Internet and wireless providers racing to consolidate, is in advanced talks to acquire DirecTV for about $50 billion, according to people familiar with the matter. Under the plan being discussed, management of DirecTV, the largest U.S. satellite-TV provider, will continue to run the company as a unit of AT&T, said the people, asking not to be named because the information is private. DirecTV Chief Executive Officer Mike White plans to retire after 2015, the people said. More from Bloomberg.com: U.S. Is No. 1, China Is So Yesterday The purchase would give AT&T a national satellite-TV provider to combine with its wireless, phone and high-speed…

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Unwanted West Indies all-rounder Darren Sammy says only option was to quit – Times of Oman

Unwanted West Indies all-rounder Darren Sammy says only option was to quitTimes of OmanWest Indies all-rounder Darren Sammy, who retired from Test cricket last week after being sacked as captain, said Monday he was left with no choice after realising he was no longer needed. Sammy, 30, Test captain since […]

AT&T in Talks to Buy DirecTV for About $50 Billion, Joins Consolidation Race

admin

AT&T Inc. (T), joining the ranks of U.S. TV, Internet and wireless providers racing to consolidate, is in advanced talks to acquire DirecTV for about $50 billion, according to people familiar with the matter. Under the plan being discussed, management of DirecTV, the largest U.S. satellite-TV provider, will continue to run the company as a unit of AT&T, said the people, asking not to be named because the information is private. DirecTV Chief Executive Officer Mike White plans to retire after 2015, the people said. More from Bloomberg.com: U.S. Is No. 1, China Is So Yesterday The purchase would give AT&T a national satellite-TV provider to combine with its wireless, phone and high-speed…

Next Post

Unwanted West Indies all-rounder Darren Sammy says only option was to quit – Times of Oman

Unwanted West Indies all-rounder Darren Sammy says only option was to quitTimes of OmanWest Indies all-rounder Darren Sammy, who retired from Test cricket last week after being sacked as captain, said Monday he was left with no choice after realising he was no longer needed. Sammy, 30, Test captain since […]

AT&T in Talks to Buy DirecTV for About $50 Billion, Joins Consolidation Race

admin

AT&T Inc. (T), joining the ranks of U.S. TV, Internet and wireless providers racing to consolidate, is in advanced talks to acquire DirecTV for about $50 billion, according to people familiar with the matter. Under the plan being discussed, management of DirecTV, the largest U.S. satellite-TV provider, will continue to run the company as a unit of AT&T, said the people, asking not to be named because the information is private. DirecTV Chief Executive Officer Mike White plans to retire after 2015, the people said. More from Bloomberg.com: U.S. Is No. 1, China Is So Yesterday The purchase would give AT&T a national satellite-TV provider to combine with its wireless, phone and high-speed…

Next Post

Unwanted West Indies all-rounder Darren Sammy says only option was to quit – Times of Oman

Unwanted West Indies all-rounder Darren Sammy says only option was to quitTimes of OmanWest Indies all-rounder Darren Sammy, who retired from Test cricket last week after being sacked as captain, said Monday he was left with no choice after realising he was no longer needed. Sammy, 30, Test captain since […]