DirecTV to take on Dish's $10B debt and TPG will buy AT&T's 70% stake in DirecTV.

DirecTV announced a deal to acquire EchoStar's Dish and Sling TV for $1 plus assumption of nearly $10 billion in debt.

Decades in the making, satellite-TV rivals DirecTV and Dish are combining after a pair of transactions were announced Monday morning.

American telecoms giant AT&T is to sell its 70% stake in satellite television provider DirecTV to private-equity firm TPG for a total of $7.6bn.

DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.

DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.DirecTV said Monday that it will acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that includes a payment of $1, plus the assumption of approximately $9.8 billion in debt. The prospect of a DirecTV-Dish combo has long been rumored, with headlines about reported talks popping up over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked their owners’ then-$18.5 billion deal, citing antitrust concerns.The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming giants, demand for more traditional satellite continues to shrink. And, although high-profile acquisitions have proven to be particularly tough under the Biden-Harris administration, that may make regulators more inclined to approve DirecTV and Dish’s…

DirecTV said Monday it has agreed to acquire Dish Network from EchoStar.The merger would create one of the US' largest pay-TV provider. In a separate

DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.

Sept. 30 (UPI) -- AT&T announced on Monday it will sell its remaining 70% stake in DirecTV to the California private equity firm TPG totaling billions.

AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant’s remaining ties to the entertainment industry.