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AT&T Cuts Losses on DirecTV as Wall Street Wonders If a Dish Merger Is Next

Getty For TPG, the deal with AT&T allows the firm to get a 30 percent stake in the video business for just $1.8 billion in cash. In the summer of 2015, telecom giant AT&T closed its acquisition of satellite powerhouse DirecTV, touting its new role as the largest pay TV provider in the world. Price tag: $67 billion, including debt. AT&T ended that year with 25.4 million U.S. pay TV subscribers. Fast-forward to this Feb. 25, when AT&T sold a 30 percent stake in DirecTV and its other video services, U-Verse and AT&T TV, to private equity firm TPG Capital. The deal valued the new entity, known as DirecTV, at $16.25 billion, down considerably, as Moody’s analyst Neil Begley noted 76 percent to be precise. AT&T had ended 2020 with 17.2 million U.S. video subscribers, a third lower than in 2015. 

Colony Capital Inc (CLNY) Q4 2020 Earnings Call Transcript

Colony Capital Inc (CLNY) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Colony Capital Inc (NYSE: CLNY) Q4 2020 Earnings Call Operator Greetings, and welcome to Colony Capital, Inc. Fourth Quarter and Full Year 2020 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Severin White, Managing Director of Investor Relations. Thank you. You may begin. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our

SBA Communications Corp (SBAC) Q4 2020 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by, and welcome to the SBA Fourth Quarter Results. [Operator Instructions]. I d now like to turn the conference over to Vice President of Finance, Mark DeRussy. Please go ahead. Mark DeRussy Vice President, Finance Good evening, and thank you for joining us for SBA s fourth quarter 2020 earnings conference call. Here with me today are Jeff Stoops, our President and Chief Executive Officer; and Brendan Cavanagh, our Chief Financial Officer. Some of the information we will discuss on this call is forward-looking, including, but not limited to, any guidance for 2021 and beyond. In today s press release and in our SEC filings, we detail material risks that may cause our future results to differ from our expectations. Our statements are as of today, February 22, and we have no obligation to update any forward-looking statement we may make. In addition, our comments will include non-GAAP financial measures and other key operati

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