DirecTV announces termination of deal to buy Dish satellite business

Quick Summary:

DirecTV says it's ending deal after Dish debt holders refused to accept loss.

The principal amount would have been reduced by at least $1.568 billion.

The deal did not include the Dish Network cellular business.

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Article Details

Author / Journalist: Jon Brodkin

Category: Technology

Markets: United States

Topics: DISH Policy Direct

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 16:44:26 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 184 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 23769651

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About Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

Update Frequency: 11 posts per day

Year Established: 1998

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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Publisher ID: #32

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