AT&T exploring Deal to sell off DIRECTV.

[slice1900]

Sounds like the 15 billion would be for minority ownership


CNBC: AT&T considers selling significant minority stake in DirecTV, AT&T Now and U-Verse pay-TV operations, sources say.

AT&T considers selling significant minority stake in DirecTV, AT&T Now and U-Verse pay-TV operations, sources say

AT&T is discussing selling 30%-50% of its DirecTV, AT&T Now and U-Verse pay-TV business to private equity firms including Apollo Management.

www.cnbc.com

"Values Directv" in that article means that's what they peg the price of 100% ownership. If someone took a 33% stake they'd pay $5 billion for it.

 

[CSM]

Bloomberg - Are you a robot?

 

[CSM]

Swanni thinks Churchill's firm is a good buyer for DTV.

Selling DIRECTV: Why Churchill Capital Makes Sense

Q. I read this story saying an equity firm named Churchill Capital might buy DIRECTV from AT&T. Do you know anything about it? — Jean, Albany, New York. Jean, you’re right. Bloomber…

tvanswerman.com

 

[CSM]

This is an interesting article.

The Second Breakup of AT&T

(Bloomberg) -- AT&T Inc. has been called many things over its 135-year history: Ma Bell, monopoly, media conglomerate. The company, which traces its roots to the patent rights of telephone inventor Alexander Graham Bell, was the dominant phone company for much of the 20th century. So dominant...

finance.yahoo.com

"Now, more than 100 days into the job, he says his plan of attack is to focus on three key growth areas: wireless — particularly 5G — where there’s hope for new consumer and business applications; fiber-optic network connections to accommodate surging data traffic; and HBO Max, the online streaming future of AT&T’s video ambitions."

 

[ncted]

The National Interest: Blog

nationalinterest.org

 

[CSM]

HBO Max Won't Be a Market-Mover For AT&T Stock

While AT&T stock offers a big dividend of 52 cents per share, even that income isn’t enough to make T stock a tempting purchase.

investorplace.com

 

[CSM]

AT&T CFO John Stephens to retire after more than 11 years in the role

AT&T Inc. undefined said Tuesday that Chief Financial Officer John Stephens announced plans to retire in March 2021, after more than nine years in the role...

www.marketwatch.com

 

[CSM]

Could the sale of DTV, UVerseTV and ATT TV Now not be true? This was from Stephens report to stockholders.

AT&T, Inc. (T) Presents at Morgan Stanley TMT Broker Conference Call - (Transcript) | Seeking Alpha

John Stephens

"Certainly, we're continuing to focus on running and managing generating cash and focusing on growing long-term value customers. Sensitive about when -- when people talk about a video business, and what -- definition, what it means to you and I, and what it might be to others. So when you think about the Warner Media business, HBO Max and Warner Bros. Studios, how critical all that is, Turner, TBS, CNN, how important HBO, all that extremely important as well as our DIRECTV business and our AT&T TV now in our premium TV business. So sure, it's important to us. I'm sure we're focused on it. We're going to continue to try to maximize the value and do that by serving customers well."

 

[Don in CT]

Could the sale of DTV, UVerseTV and ATT TV Now not be true? This was from Stephens report to stockholders.

AT&T, Inc. (T) Presents at Morgan Stanley TMT Broker Conference Call - (Transcript) | Seeking Alpha

John Stephens

"Certainly, we're continuing to focus on running and managing generating cash and focusing on growing long-term value customers. Sensitive about when -- when people talk about a video business, and what -- definition, what it means to you and I, and what it might be to others. So when you think about the Warner Media business, HBO Max and Warner Bros. Studios, how critical all that is, Turner, TBS, CNN, how important HBO, all that extremely important as well as our DIRECTV business and our AT&T TV now in our premium TV business. So sure, it's important to us. I'm sure we're focused on it. We're going to continue to try to maximize the value and do that by serving customers well."

Or they can't get what they are asking for it.

 

[CSM]

Or they can't get what they are asking for it.

I saw a commercial that said bundle DTV with ATT Fiber.

 

[Juan]

Or they can't get what they are asking for it.

Its a complicated deal...the goal is to maximize profits AND tax deductions

 

[Don in CT]

Its a complicated deal...the goal is to maximize profits AND tax deductions

If that was the goal they should not have bought so much stuff.

 

[Juan]

Well they are selling now...you need to dodge those capital gains taxes

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[CSM]

I wonder if they are still wanting to sell it is still just a minority stake in it part of it or all of it? Would we really wouldn't know which way it is until it happens?

 

[Don in CT]

I wonder if they are still wanting to sell it is still just a minority stake in it part of it or all of it? Would we really wouldn't know which way it is until it happens?

They need to sell DTV in full if they want to make any money.

 

[Juan]

They are just selling part of it...its not about making a quick buck...its about maximising share holder profits

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[Don in CT]

They are just selling part of it...its not about making a quick buck...its about maximising share holder profits

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The longer DTV weighs on the bottom line the further they are from making a profit.

 

[Juan]

There are not just selling directv...its the entire tv business..streaming..the whole thing...but its just a precentage...maybe a spinoff down thevriaf

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[Don in CT]

There are not just selling directv...its the entire tv business..streaming..the whole thing...but its just a precentage...maybe a spinoff down thevriaf

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They should get out of the TV business and focus on the network side.

 

[Juan]

The money is in content

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