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DirecTV Backs Out of Deal to Acquire Dish TV

Nov 22, 2024, 5:40 PM by Rich Brome @richbrome
updated Nov 22, 2024, 6:39 PM

EchoStar has hit a stumbling block in its efforts to refocus its business on Boost Mobile. EchoStar previously reached an agreement to sell its Dish satellite TV business — including its Sling streaming TV service — to DirecTV. At the time, EchoStar said the deal would allow it to "focus more clearly" on building Boost's new 5G network. Now DirecTV has decided to terminate the deal, after failing to reach an agreement on the details of how to handle existing debt.

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gloopey1

Nov 23, 2024, 3:59 PM

Directv & Dish Need to Combine

If the two entities do not combine, both will cease to exist, and that is a shame. Satellite TV offers the best picture and sound quality when compared to other media, such as streaming.

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