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AT&T Lifts HBO Subscribers Growth Forecast, Mulls International Expansion

AT&T recently provided its business and financial outlook, wherein the telecom company raised its long-term growth forecast for Home Box Office (HBO) subscribers …

AT&T To Spin Off DirecTV In $16.3B Venture With TPG

AT&T has agreed to spin off its video business unit, DirecTV, in a $16.25 billion transaction with private equity firm TPG Capital.

AT&T Settles Dispute With Cox Media Group

Telecom giant AT&T has settled its dispute with media company, Cox Media Group (CMG), and agreed on a multi-year retransmission consent deal to …

AT&T Shares Slide As 2021 Sales Outlook Disappoints

AT&T expects 2021 revenues to grow at a rate of 1% falling short of analysts’ estimates of 1.4%.

AT&T Sued For $1.35B Over Alleged Patent Theft – Report

Network Apps LLC has sued AT&T for at least $1.35 billion for allegedly stealing its patented technology after AT&T abandoned joint development and …

AT&T In Talks To Sell Minority Stake In DirecTV To TPG – Report

AT&T is in exclusive talks to divest a minority stake in DirecTV to private equity firm TPG for an undisclosed amount, Reuters has …

AT&T Plans To Trim Its Workforce By 10% In Slovakia – Report

AT&T plans to reduce its workforce in Slovakia by about 10%, Reuters reported. Per the report, the mobile carrier’s move to cut jobs …

AT&T Mulls Sale Of DirecTV Stake – Report

AT&T is in talks with private-equity firms, including Apollo Management, to sell a significant minority stake in its pay-TV businesses, including DirecTV, CNBC …

AT&T Surprises With 3Q Sales Win; Shares Gain 5%

AT&T reported better-than-feared quarterly sales driven by “solid” wireless and fiber broadband subscriber growth, sending shares up more than 5% in morning trading. …

Draftkings Inks Multi-Year Deal With Warner’s Turner Sports

Draftkings has inked a multi-year agreement with WarnerMedia’s Turner Sports, which will make the online sports entertainment and gaming company the exclusive sportsbook …

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