Tag Archives: AT&T

U.S. Justice Department asks judge to force AT&T to sell Turner or DirecTV

The U.S. Justice Department said in a post-trial brief that Judge Richard Leon could approved AT&T-Time Warner deal on the condition that it not include Turner or pay TV operator DirecTV. “The evidence at trial demonstrated that the bulk of the anticompetitive effects flow from the proposed combination of Turner with DirecTV,” said the Justice [...]

AT&T to launch USD 15 TV service in the US

US telecommunications company AT&T plans to launch a skinny bundle, which will not include sports, for a USD 15 monthly subscription, according to The Wall Street Journal. The new offer, called AT&T Watch, was announced Thursday by the companys Chief Executive Randall Stephenson. The executive did not disclose which channels it would offer or when [...]

AT&T cancels IPO for DirecTV Latin America

AT&T announced that it has decided to withdraw its planned initial public offering (IPO) of shares of Vrio, its DirecTV business in Latin America. In a short statement, the company said the decision was made based on current market conditions. Last month, AT&T filed a registration statement with the U.S. Securities and Exchange Commission for [...]

AT&T antitrust trial begins in the US

The trial between AT&T and the federal government begins on Monday, March 19, and will decide if AT&Ts USD 85 billion acquisition of Time Warner is legal under US antitrust law. Judge Richard Leon, who will oversee the case, said that the process could last from six to eight weeks. The US Justice Department filed [...]

AT&T files for IPO of minority stake in DirecTV Latin America

US telecommunications company AT&T announced the filing of a registration statement with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO) of a minority interest in Vrio Corp., a holding company for its Latin American digital entertainment services unit, DirecTV Latin America. In a statement, the company said it would [...]

AT&T exploring IPO of DirecTV business in Latin America

AT&T announced that is exploring an initial public offering (IPO) of a minority interest in DirecTV Latin America business, in the first half of the year. The company said it has confidentially filed a registration statement with U.S. regulators. In Latin America, AT&T owns 100% of DirecTV Panamericana, which operates in countries such as Argentina, [...]

Sky increases prices in Mexico

DTH operator Sky Mexico (Televisa-AT&T) increased the price of its TV packages. The company mentioned the inflation in 2017, the devaluation of the Mexican peso against the dollar and the increase in costs to provide the service as the causes to make this adjustment. The increase of the prices became effective on January 2. The [...]

DirecTV Now reaches 1 million subscribers

A year after its launch, AT&T announced that DirecTV Now has officially surpassed 1 million subscribers in the United States. The company said the service will add new features in 2018, including DVR in the cloud and 4K Ultra High Definition (UHD) quality video. “This milestone is an incredible testament to the thousands of hours [...]