AT&T could be nearing a deal to sell DirectTV.
Getty ImagesAT&T is moving closer to offloading satellite TV provider DirectTV, The Wall Street Journal reported Wednesday.
The price tag could be more than $15 billion, including debt. Among the contenders are Churchill Capital IV and Apollo Global Management, WSJ reported, noting that a deal could be completed by early 2021.
AT&T declined to comment.
The telecommunications giant bought DirectTV in 2015 for about $66 billion including debt. This move comes as AT&T launched streaming television services AT&T TV in March and HBO Max in July.
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December 09, 2020 at 11:48PM
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AT&T is reportedly getting closer to selling DirectTV - CNET
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