DirecTV buys Colorado-based Dish as it fights the onslaught of streaming services

At&T News

DirecTV buys Colorado-based Dish as it fights the onslaught of streaming services
DirectvDirectv Buys Dish NetworkDish Network
  • 📰 DenverChannel
  • ⏱ Reading Time:
  • 24 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

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 Colorado-based 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.

“With an improved financial profile, we will be better positioned to continue enhancing and deploying our nationwide 5G Open RAN wireless network,” EchoStar President and CEO Hamid Akhavan said. “This will provide U.S. wireless consumers with more choices and help to drive innovation at a faster pace.”By shedding Dish, EchoStar will be able to focus its efforts elsewhere, like its wireless carrier Boost Mobile.“We are playing to win in the wireless business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DenverChannel /  🏆 239. in US

Directv Directv Buys Dish Network Dish Network Dish Network Colorado Echostar Englewood Based Dish Network

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DirecTV to acquire Dish Network, Sling TV for $1DirecTV to acquire Dish Network, Sling TV for $1The deal would provide a loan to Dish parent EchoStar Communications and also prompt the departure of AT&T from its ownership of DirecTV.
Read more »

Satellite merger: DirecTV buys rival Dish and SlingSatellite merger: DirecTV buys rival Dish and SlingDirecTV will pay $1 and assume $9.75B worth of debt to buy Dish and Sling.
Read more »

DirecTV to Acquire Dish Network in Complex Multi-Step DealDirecTV to Acquire Dish Network in Complex Multi-Step DealIn a surprising move, DirecTV will acquire Dish Network for $1 in a multi-step transaction involving private equity firm TPG. The deal will see TPG acquire DirecTV from AT&T for $7.6 billion, followed by DirecTV purchasing Dish Network. While DirecTV will assume Dish's $2 billion debt, EchoStar will retain its wireless spectrum investments and Sling TV.
Read more »

DirecTV-Disney dispute takes USC-LSU opener off the air for DirecTV customersDirecTV-Disney dispute takes USC-LSU opener off the air for DirecTV customersA dispute between DirecTV and Disney led to a blackout of ABC on DirecTV Sunday, leaving customers unable to watch USC-LSU.
Read more »

US satellite-TV providers DirecTV and Dish are in talks to merge again, source saysUS satellite-TV providers DirecTV and Dish are in talks to merge again, source saysUS satellite-TV providers DirecTV and Dish are in talks to merge again, source says
Read more »

DirecTV to acquire rival Dish Network for $1, subject to regulatory approvalDirecTV to acquire rival Dish Network for $1, subject to regulatory approvalLawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
Read more »



Render Time: 2025-03-17 14:03:21