Tag Archives: Vrio

DirecTV loses 73,000 subscribers in Q3

AT&T announced its financial results for the third quarter of 2018. In the report, the group reported that Vrio, the unit that comprises DirecTV businesses in Latin America, registered net losses of 73,000 subscribers during the period (even with gains in Brazil), “due to the completion of the World Cup”. The company ended the quarter [...]

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 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 [...]