AT&T is expected to close the spin-off of its DirecTV and other pay-TV operations in early August. The new division will be part-owned (30 per cent) by TPG (the former Texas Pacific Group) while AT&T holds onto 70 per cent. AT&T CFO Pascal Desroches told equity analysts during the wireless company’s Q2/2021 earnings call that […]

AT&T has told investors on that it would be selling its Latin American DirecTV unit, Vrio Corp, to Argentina-based investment company Grupo Werthein. The deal involves an impairment charge of $4.6 billion (€3.9bn). AT&T did not reveal the amount it would receive from Werthein. The purchase is likely to close early in 2022. Grupo Werthein […]

With customer 5G expectations running high and operators rapidly deploying this advanced technology across the US, Global Wireless Solutions (GWS) has completed nationwide testing of the major operators’ 5G networks. GWS’s network testing specialists conducted approximately 8 million controlled tests in all 50 states, accounting for nearly one million miles across all major metropolitan areas, […]

DirecTV is raising $3.1 billion (€2.6bn) of so-called ‘junk bonds’ (Senior Secured Notes) to help in its split from AT&T, according to an announcement from AT&T. The offer is for a 6-year period and the bonds will be priced on July 22nd and will come from DirecTV Entertainment Holdings. The cash will be used to […]

AT&T is due to officially reveal its financials on July 22nd, but it is already apparent that subscriber numbers are not good. AT&T, in an SEC filing, stated that its subscriber count for the combined DirecTV, AT&T TV and AT&T U-verse divisions totalled 15.412 million, which is a drop of 2.3 million year-on-year or 13 […]

US connectivity company DISH has signed what it describes as a transformative, long-term strategic Network Services Agreement (NSA) with AT&T, making AT&T the primary network services partner for DISH MVNO customers. Through this agreement, DISH will provide current and future customers of its retail wireless brands, including Boost Mobile, Ting Mobile and Republic Wireless, access […]

Teaming up with industry majors including Samsung, NVIDIA and more, researchers at The University of Texas are launching 6G@UT, a new research centre to lay the groundwork for 6G, the next generation of wireless technology. 5G is just emerging as the dominant cellular technology after years of research and innovation that includes important contributions by […]

The US’s Federal Trade Commission (FTC) has issued a complaint charging Broadcom with illegally monopolising markets for semiconductor components used to deliver television and broadband Internet services through exclusive dealing and related conduct. The Commission has also issued a proposed consent order that would settle the Commission’s charges. Under the consent order, Broadcom must stop […]