Breaking News: TPG Inc Sells DirecTV Stake to AT&T Inc in Telecommunications Deal

Monday, 30 September 2024, 11:30

TPG Inc and AT&T Inc have made headlines with their strategic decision to sell DirecTV. This groundbreaking deal in the telecommunications sector involves a $7.6 billion sale to TPG. As media and business sectors react to this news, EchoStar Corp's position within the industry is also under review. Stay tuned for the latest updates on this significant business transformation.

Cnbc — Breaking News: TPG Inc Sells DirecTV Stake to AT&T Inc in Telecommunications Deal

TPG Inc and AT&T Inc Strike a Major Telecommunications Deal

In a major twist in the telecommunications arena, TPG Inc has finalized the sale of AT&T Inc’s 70% stake in DirecTV for a staggering $7.6 billion. This deal marks a significant shift in the media landscape, as EchoStar Corp is also positioned to shake things up.

Key Elements of the Deal

AT&T Inc offloads its stake in DirecTV
Private equity firm TPG Inc takes charge
Impacts on EchoStar Corp's future in business
Reactions from various media sectors

For more details on this breaking business news, stay connected with us.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.