SMRTR Science & EngineeringNov 22, 2024Ars Technica

DirecTV plan to buy Dish for $1 is off as satellite rivals remain separate

SMRTR summary

The proposed merger between DirecTV and Dish has been called off due to disagreements over deal terms. AT&T still plans to sell its 70% stake in DirecTV to TPG, with the sale expected to close in 2025. DirecTV lost 1.8 million subscribers in 2023, leaving it with an estimated 11.3 million customers.

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