The abandonment by millions of Americans of their subscriptions to packages of channels, cable or satellite, continues to cause damage.
The American telecoms giant, AT&T, is forced to initiate its exit from the capital of DirecTV.
By selling 30% of its direct television subsidiary to the TPG investment fund, the telecommunications operator is also taking the opportunity to reduce its massive debt of 157 billion dollars.
He thus began to turn the page on a major strategic error: his acquisition of the leader in satellite television in 2015.
Read also:
Disney + reaches 95 million subscribers worldwide
The craze for video-on-demand services, particularly Netflix and Disney +, is ravaging DirecTV's business model.
In 2015, at the peak of the popularity of channel package subscriptions, the latter had some 25 million subscribers.
But in the past two years, 7 million of them have disappeared.
The collapse is such that, bought back 48.5 billion dollars in 2015, DirecTV is no longer valued
This article is for subscribers only.
You have 70% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/N6RCKQB3T5EU3NIO4BUJ4QOGOM.jpg)
