American direct broadcast satellite and streaming TV company
DirecTV (trademarked as DIRECTV) is an American direct broadcast satellite service provider based in El Segundo, California. Its satellite service, launched on June 17, 1994, transmits digital satellite television and audio to households in the United States, Latin America, and the Caribbean. It’s primary competitors are Dish Network and cable television providers. On July 24, 2015, after receiving approval from the United States Federal Communications Commission and United States Department of Justice, AT&T acquired DirecTV in a transaction valued at $67.1 billion.
As of the end of Q1 2021, AT&T had 15.9 million pay-TV customers, including DirecTV, U-Verse, and AT&T TV subscribers.
On February 25, 2021, AT&T announced that it would spin-off DirecTV, U-Verse and AT&T TV into a separate entity, selling a 30%