
AT&T and TPG Capital completed their previously announced transaction establishing a new company named DIRECTV. The new company will own and operate the DIRECTV, AT&T TV and U-verse video services previously owned and operated by AT&T. DIRECTV had approximately 15.4 million premium video subscribers at the end of the second quarter of 2021.AT&T contributed its U.S. video business unit to the new entity in exchange for preferred...