Report: AT&T Close to Selling Stake in DIRECTV, TV Now, and U-Verse Business Business

Eric Volkman, The Motley Fool
·2 min read
Report: AT&T Close to Selling Stake in DIRECTV, TV Now, and U-Verse Business Business

AT&T (NYSE: T) might be on the verge of selling several ungainly assets. CNBC, citing people familiar with the matter, reported Tuesday that the telecom giant is nearing a deal to sell a minority stake in its pay TV business, which comprises DIRECTV, TV Now, and U-Verse. What's apparent is that AT&T's pay TV assets are not particularly attractive these days.