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DirecTV has announced its acquisition of Dish Network and Sling TV following AT&T’s sale of its remaining 70% stake in DirecTV to TPG Capital. This move is aimed at regaining market share from streaming services, which have been rising in popularity, with streaming now accounting for over 40% of total TV usage. DirecTV and Dish have seen a steep decline in satellite customers since 2016, and the acquisition is seen as a way to offer “smaller packages at lower prices” and provide more flexibility to consumers. AT&T’s sale allows the company to focus on its 5G and fiber connectivity business. The deal is expected to close by the second half of 2025.
DirecTV buys DISH, Sling after AT&T sells remaining stock