AT&T might hold majority possession of DirecTV because it closes in on closing deal

A DirecTV satellite dish mounted to the outside of a building.

Enlarge / A DirecTV satellite tv for pc dish seen exterior a bar in Portland, Oregon, in October 2019. (credit score: Getty Photographs | hapabapa)

AT&T is reportedly closing in on a deal to promote a stake in DirecTV to TPG, a private-equity agency.

Sadly for patrons hoping that AT&T will relinquish management of DirecTV, a Reuters report on Friday mentioned the pending deal would give TPG a “minority stake” in AT&T’s satellite-TV subsidiary. However, a private-equity agency seeking to wring worth out of a declining enterprise would not essentially be higher for DirecTV prospects than AT&T is.

It is also doable that AT&T might cede operational management of DirecTV even when it stays the bulk proprietor. CNBC in November reported on one proposed deal wherein “AT&T would retain majority financial possession of the [DirecTV and U-verse TV] companies, and would keep possession of U-verse infrastructure, together with vegetation and fiber,” whereas the client of a DirecTV stake “would management the pay-TV distribution operations and consolidate the enterprise on its books.”

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