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In response to
"No surprise, but it looks like AT&T is on the brink of selling a minority stake in DirecTV which may also include Uverse and AT&T TV. -- (link*)"
by
Mop
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The likely buyer is a private equity firm.
Posted by
Mop (aka rburriel)
Feb 23 '21, 15:35
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As they won’t have a controlling interest, the harm they can do will be limited, but as a partner, they’ll push AT&T to cut, cut, cut. Look for layoffs, reduction in service, and increase prices. All of which translates to fewer subscribers, which translates to reduced revenue. Funny how that works.
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