AT&T sells 70% stake in DIRECTV to TPG for approximately $7.6 billion

From Nasdaq.: 2025-07-02 21:51:00

AT&T has completed the sale of its remaining 70% stake in DIRECTV to TPG Capital. The deal, agreed upon in September 2024, is expected to bring AT&T approximately $7.6 billion in cash payments from DIRECTV and TPG through 2029. This move marks AT&T’s exit from the satellite TV business, allowing TPG to take full control of DIRECTV.



Read more at Nasdaq.: AT&T Closes Sale Of Entire Remaining 70% Stake In DIRECTV To TPG