DirecTV is buying Dish and Sling, a deal it has sought to complete for years as the company seeks to better compete against streaming services that have become dominant.

EchoStar Corporation faces declining revenues, missed debt payments, and rising bankruptcy risks. Click here to read an analysis of SATS stock now.

DirecTV said it will pay EchoStar $1 for Dish but will assume $9.75 billion of its debt. At the same time, private equity firm TPG will acquire AT&T's 70% stake in DirecTV.

In September, DirecTV reached an agreement to acquire Dish, Sling TV, and EchoStar’s TV business for just one dollar, while also taking on Dish’s $9.75 billion in debt.

On November 21, 2024, DirecTV announced that it was cancelling its merger with Dish Networks over debt swap concerns. A Dish Network satellite is seen in California on February 23, 2011.

DirecTV said it has scrapped its acquisition of Dish Network, after decades of failed attempts at mergers by the two satellite rivals. Bondholders of Dish and subsidiary DBS had pushed back on the ...

DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said ...

When the deal was announced on September 30, EchoStar said it would be able "to focus more clearly on enhancing and further deploying its nationwide 5G Open RAN wireless network." DirecTV and Dish ...

DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said ...