Dish & DirecTV Merger
AT&T sells off its remaining stake in DirecTV for $7.6 billion to TPG. TPG already owned estimated a roughly 30% of DirecTV, purchasing that stake in 2021.
DirecTV to merge with Dish for $1. Dish has a debt in the amount of around $2 billion with an agreement made of consolidating to around $1.56 billion.
What Does This Mean?
At this time, we are not sure what will happen with Dish or DirecTV streaming services.
Dish was only delivered via satellite services while it had an option for Sling TV which was streaming connected through the internet wifi. DirecTV’s streaming service is the same whether you get the option connected to the internet or the option via satellite.
It will be interesting to see what will happen in the coming months.
Conclusion
The purchasing of both DirecTV and Dish could potentially mean just about anything. Capital Group Enterprises is a preferred dealer of DirecTV services. If you are interested in signing up for DirecTV services now Capital Group Enterprises can provide a concierge sign up process. Also since Capital Group Enterprises or CGE is a master distributor of DirecTV products if you are interested in selling DirecTV for high commissions this presents an amazing opportunity!