AT&T Selling DirecTV 'Albatross' Not in the Cards, Says MoffettNathanson
AT&T would "be better off without the albatross that is DirecTV," but the likelihood of such a deal is slim due to the rapid decline in DirecTV's subscriber base -- 18% year over year -- and its earnings, which make…
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it tough for a potential buyer to see a reasonable return, MoffettNathanson's Craig Moffett emailed Monday. That followed a report that AT&T is exploring a sale. The telco didn't comment. DirecTV's combining with Dish Network and the resulting synergies between the two are of limited help, and regulatory approval would take a year or longer, Moffett said.