Tag: Pay-TV

Technology Stocks

AT&T (NYSE:T) Reportedly Selling Minority Stake In Pay-TV Unit To Repay Debt

US telecommunications giant AT&T (NYSE:T) is reportedly selling a minority stake in the pay-TV business spanning AT&T Now, DirecTV and U-Verse. The company is in discussions with various private equity-companies that include Apollo Management to finalize this complicated deal that will take legacy assets off AT&T’s balance sheet. DirecTV valued […]