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AT&T acquires DirecTV for $48.5B

Acquisition
AT&TDirecTV
July 24, 201548.5B

Last updated May 31, 2026 by the ATDb Editorial Team

Overview

Telco-meets-content: AT&T bought the largest US satellite TV operator. Set up later moves (AT&T + Time Warner) and the eventual Xandr ad business.

Acquirer
AT&T
Target
DirecTV
Deal Value
$48.5B
Connections