An ongoing wireless price war is giving AT&T a case of earnings indigestion. Consensus 2015 EPS estimates have fallen 10% in the past year as AT&T (T) defends its customer base from aggressive marketing by T-Mobile US (TMUS) and, more recently, Sprint (S). So how does AT&T spell relief? Perhaps D-I-R-E-C-T-V. In May, AT&T announced its deal to buy No. 1 satellite TV broadcaster DirecTV Group (DTV) for $48.5 billion. The deal is expected to close
Satellite TV broadcaster DirecTV Group (DTV) renewed its contract with the National Football League to carry out-of-market games on Sunday, clearing the way for its merger with AT&T (T). DirecTV reportedly will pay an average of $1.5 billion annually in the 8-year deal, according to reports. That’s 50% above the $1 billion that DirecTV had been paying under the previous contract. DirecTV and and NFL announced the new pact late Wednesday but did
Satellite TV broadcaster DirecTV Group (DTV) renewed its contract with the National Football League to carry out-of-market games on Sunday, clearing the way for its merger with AT&T (T). DirecTV reportedly will pay an average of $1.5 billion annually in the 8-year deal, according to reports. That’s 50% above the $1 billion that DirecTV had been paying under the previous contract. DirecTV and and NFL announced the new pact late Wednesday but did