AT&T Exploring Options for DirecTV as Pay-TV Subscriptions Continue Decline
(Bloomberg) — AT&T Inc. has begun to explore options for its 70% stake in DirecTV as it approaches the end of an agreement under which it can legally sell its interest in America’s third-largest pay-TV provider. Most Read from Bloomberg Among AT&T’s options are: a dividend recapitalization, adding a new investor, or selling the stake … Read more