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AT&T and TPG Close DIRECTV Transaction

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AT&T (NYSE:T) has completed the sale of its remaining 70% stake in DIRECTV to TPG Capital, the U.S. and European private equity platform of TPG. This transaction marks AT&T's complete exit from DIRECTV ownership, following the previous partial stake sale.

AT&T (NYSE:T) ha completato la vendita della sua quota residua del 70% in DIRECTV a TPG Capital, la piattaforma di private equity statunitense ed europea di TPG. Questa transazione segna l'uscita totale di AT&T dalla proprietà di DIRECTV, dopo la precedente vendita parziale della quota.

AT&T (NYSE:T) ha completado la venta de su participación restante del 70% en DIRECTV a TPG Capital, la plataforma de capital privado estadounidense y europea de TPG. Esta transacción marca la salida completa de AT&T de la propiedad de DIRECTV, tras la venta parcial anterior.

AT&T (NYSE:T)는 DIRECTV에 대한 남은 70% 지분을 미국 및 유럽의 사모펀드 플랫폼인 TPG Capital에 매각을 완료했습니다. 이번 거래로 AT&T는 이전에 일부 지분을 매각한 데 이어 DIRECTV 소유에서 완전히 철수하게 되었습니다.

AT&T (NYSE:T) a finalisé la vente de sa participation restante de 70% dans DIRECTV à TPG Capital, la plateforme de capital-investissement américaine et européenne de TPG. Cette transaction marque la sortie complète d'AT&T de la propriété de DIRECTV, suite à la vente partielle précédente.

AT&T (NYSE:T) hat den Verkauf seines verbleibenden 70%-Anteils an DIRECTV an TPG Capital, die US-amerikanische und europäische Private-Equity-Plattform von TPG, abgeschlossen. Diese Transaktion markiert den vollständigen Ausstieg von AT&T aus der Eigentümerschaft von DIRECTV, nach dem vorherigen teilweisen Anteilsverkauf.

Positive
  • Complete divestment of DIRECTV stake allows AT&T to focus on core business
  • Transaction helps reduce AT&T's exposure to declining satellite TV market
Negative
  • Loss of DIRECTV revenue stream from remaining 70% ownership

DALLAS, July 2, 2025 /PRNewswire/ -- 

AT&T completes sale of entire remaining 70% stake in DIRECTV to TPG.

Today AT&T (NYSE:T) announced it has closed its previously announced transaction to sell its entire remaining 70% stake in DIRECTV to TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG.

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About AT&T 
We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.

© 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

AT&T Inc. logo (PRNewsfoto/AT&T Communications)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/att-and-tpg-close-directv-transaction-302497257.html

SOURCE AT&T

FAQ

What stake in DIRECTV did AT&T (NYSE:T) sell to TPG Capital?

AT&T sold its entire remaining 70% stake in DIRECTV to TPG Capital.

When did AT&T complete the DIRECTV stake sale to TPG?

AT&T completed the sale of its remaining DIRECTV stake to TPG on July 2, 2025.

Who purchased AT&T's remaining stake in DIRECTV?

TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG, purchased AT&T's remaining stake in DIRECTV.

What is the significance of AT&T's DIRECTV stake sale?

The sale represents AT&T's complete exit from DIRECTV ownership, allowing the company to focus on its core business operations.
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