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AT&T, Chernin Group close to deal to buy YouTube network Fullscreen -tech blog

2014-07-24 01:02:29| Telecom - Topix.net

AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.

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America Movil to buy back AT&T stake

2014-06-30 08:43:00| Telecompaper Headlines

(Telecompaper) America Movil said it has agreed to buy back AT&T's 8.27 percent stake in the company. Its shareholders Inmobiliaria Carso and Control Empresarial de Capitales will buy the shares from AT&T International for USD 5.57 billion. AT&T said it expects to realise a profit of 8-10 cents a share from the sale, depending on the final tax on the sale. AT&T said earlier it would exit the investment in order to secure regulatory approval for its proposed takeover of DirecTV. Americal Movil competes against DirecTV in several markets in Latin America. AT&T has partnered with AMX for over 20 years. 

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AT&T to buy DirecTV for $48.5bn

2014-05-19 03:02:40| BBC News | Business | UK Edition

US telecommunications firm AT&T will acquire satellite television provider DirecTV in a cash and stock deal.

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AT&T in talks to buy DirecTV for nearly $50 billion: sources

2014-05-13 06:16:11| Telecom - Topix.net

AT&T Inc is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks that could be worth close to $50 billion, two people familiar with the matter said on Monday.

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AT&T in advanced talks to buy DirecTV for about $50 billion: source

2014-05-13 03:06:15| Telecom - Topix.net

AT&T Inc is in advanced talks to buy satellite TV provider DirecTV for about $100 per share, or roughly $50 billion, a person familiar with the matter said on Monday.

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