Communications Daily is a service of Warren Communications News.

TPG Closes on Purchase of AT&T's DirecTV Stake

AT&T said Wednesday it completed the sale of its 70% stake in DirecTV to TPG, the asset management firm that now owns the entire MVPD. The $7.6 billion transaction was announced last year. TPG said that with DirecTV now wholly…

Sign up for a free preview to unlock the rest of this article

Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!

owned, it can invest faster in the direct broadcast satellite company's video service offerings.