NEW YORK (AP) — AT&T’s $48.5 billion purchase of DirecTV is set to close after winning approval Friday from the Federal Communications Commission. The Justice Department had already cleared the deal, ...

AT&T is selling its 70% stake in DIRECTV, the last major piece of the company's media empire. AT&T wasted billions of dollars on media acquisitions over the past decade, piling up debt in the process.

A series of business moves on Monday, September 30, is aiming to entice cordcutters back to traditional "pay-for-TV" as streaming services hit record usage. At the same time AT&T announced the ...

After just under a decade of ownership, AT&T is offloading DirecTV. AT&T has agreed to sell the remainder of its majority stake in digital satellite TV provider DirecTV for around $7.6 billion, ...

AT&T this week distanced itself from its ill-advised DirecTV acquisition in a move that will likely impact its core mobile business. The declining satellite TV business, and AT&T’s other paid TV ...