AT&T's Reluctance to Sell DIRECTV Is a Bright Red Flag [telecom]

Jan 03, 2021 0 Replies
AT&T's Reluctance to Sell DIRECTV Is a Bright Red Flag [telecom] open original image

AT&T should take the lowball offer, streamline its business, and learn from its mistakes.



By Leo Sun



AT&T is reportedly facing pressure to sell DIRECTV, the satellite and pay-TV platform it bought in 2015, to reduce its debt, streamline its business, and raise more cash for its streaming investments. Back in August, the Wall Street Journal claimed AT&T was working with bankers to divest the shrinking business.



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