AT&T Told to Sell DirecTV by Hedge Fund Investor

Discussion in 'DIRECTV Support Forum' started by osu1991, Sep 9, 2019.

  1. Atheist Peace

    Atheist Peace SatelliteGuys Family

    Joined:
    Aug 18, 2019
    Posts:
    52
    Likes Received:
    6
    Location:
    ohio
    am i the only one still paying 300 bucks a month to direct tv plus 150 to att cell, that i hardly use either?
     
  2. NashGuy

    NashGuy SatelliteGuys Pro

    Joined:
    Mar 24, 2009
    Posts:
    564
    Likes Received:
    238
    Location:
    Nashville, TN USA
    DISH has been losing subs fairly badly too, although nothing like DirecTV has been. My guess is that most of the folks leaving DirecTV are either getting cable TV from their broadband provider or going with some kind of streaming service(s), whether that's a live channel service like YouTube TV or just on-demand stuff like Netflix and Hulu.
     
  3. Jimbo

    Jimbo SatelliteGuys Master Lifetime Supporter

    Joined:
    Jul 14, 2005
    Posts:
    60,743
    Likes Received:
    2,679
    Location:
    NW Ohio - Buckeye Country
    Right now, I don't see ATT buying ANYTHING of cost, for awhile.
     
    navychop likes this.
  4. CSM

    CSM SatelliteGuys Pro

    Joined:
    Aug 28, 2015
    Posts:
    795
    Likes Received:
    163
    Location:
    Chesterfield, MO
  5. navychop

    navychop Member of the Month - July 2014! Pub Member / Supporter Lifetime Supporter

    Joined:
    Jul 20, 2005
    Posts:
    47,770
    Likes Received:
    12,753
    Location:
    Northern VA
    Yes. The loss of DTV subs may be only slowing the decline of Dish subs. But I’m still looking forward to the Q3 results. And especially, in Q1, the year on year comparison for both satcos.


    Sent from my iPhone using SatelliteGuys App. For now.
     
  6. Don in CT

    Don in CT SatelliteGuys Pro

    Joined:
    Dec 4, 2013
    Posts:
    700
    Likes Received:
    167
    Location:
    Manchester, CT
    AT&T sold off the whole network in CT because they didn’t want to spend the money making upgrades. They abandoned their UVerse platform here.
     
    Tampa8 likes this.
  7. navychop

    navychop Member of the Month - July 2014! Pub Member / Supporter Lifetime Supporter

    Joined:
    Jul 20, 2005
    Posts:
    47,770
    Likes Received:
    12,753
    Location:
    Northern VA
    Shut it down or somebody kept the video part going?


    Sent from my iPhone using SatelliteGuys App. For now.
     
  8. Don in CT

    Don in CT SatelliteGuys Pro

    Joined:
    Dec 4, 2013
    Posts:
    700
    Likes Received:
    167
    Location:
    Manchester, CT
    They sold everything to Frontier who didn’t know what to do with it.
     
    Tampa8 and navychop like this.
  9. NashGuy

    NashGuy SatelliteGuys Pro

    Joined:
    Mar 24, 2009
    Posts:
    564
    Likes Received:
    238
    Location:
    Nashville, TN USA
    Totally agree. Right now, their challenge is to put together the pieces that they have so that they can get them working together with this new bigger engine firing on all cylinders. Pay down that debt that they took on while still paying out shareholder dividends. And to that end, I do see them selling off some non-core assets if they can. At some point (sooner rather than later if activist hedge fund Elliot Mgmt gets its way), I do see them trying to sell off or spin off the DirecTV business. But I think they'll want to shift as many of those subscribers over to AT&T TV (or at least HBO Max) as possible first. In a few years, when DirecTV is much smalller (and DISH has also presumably suffered additional losses), I don't see the government standing in the way of their merger.
     
  10. NashGuy

    NashGuy SatelliteGuys Pro

    Joined:
    Mar 24, 2009
    Posts:
    564
    Likes Received:
    238
    Location:
    Nashville, TN USA
    OMG, Frontier is just a dumpster fire. They have Verizon's and AT&T's scraps that they didn't want any more. Management seems clueless. They have built out a bit of FTTH in a few areas but I don't see that company surviving. The few valuable assets that they have will get sold off. All those old phone/DSL lines will cease to be used in the next few years as everyone will use other IP pipes: cable or fiber if available, otherwise fixed 5G/4G or low-earth-orbit satellite. And all TV service will move to some form of IP distribution (with the exception of DBS satellite, which will stick around for years to serve those without any other option).
     
    Tampa8 likes this.
  11. navychop

    navychop Member of the Month - July 2014! Pub Member / Supporter Lifetime Supporter

    Joined:
    Jul 20, 2005
    Posts:
    47,770
    Likes Received:
    12,753
    Location:
    Northern VA
    I think we all agree that ATT wants to milk DTV of as many subscribers as possible, onto their online offerings of the day. This does not appear to be working out as well as they expected. The next year should be very interesting.

    Maybe Sling will send ATT a Thank You note.


    Sent from my iPhone using SatelliteGuys App. For now.
     
    harshness likes this.
  12. NashGuy

    NashGuy SatelliteGuys Pro

    Joined:
    Mar 24, 2009
    Posts:
    564
    Likes Received:
    238
    Location:
    Nashville, TN USA
    My view is that AT&T's streaming offerings have been half-baked up until now and we still haven't seen what the final products will be. Here's what we're waiting on:

    First, let's see how AT&T TV is packaged and priced when it rolls out nationwide this fall. I think it will be more compelling than the not-quite-ready-for-primetime offering that they're currently selling in the test markets. I'm still expecting revamped channel packages with pricing and features that will be competitive with YouTube TV. (The trade-off will be that AT&T TV's main package automatically includes HBO Max but fewer sports channels while YouTube TV has more sports channels but no premium on-demand service built in.)

    Second, let's see what HBO Max offers and how much it costs when it debuts next spring. I think it's shaping up to be a VERY compelling bundle of content -- everything in HBO plus a whole lot more, including exclusive new Max Originals -- for about the same price that HBO currently sells for ($15-16). Between HBO Max on one side and Hulu/Disney+ on the other, 2020 is going to be a tough year for Netflix.
     
    navychop likes this.
  13. CSM

    CSM SatelliteGuys Pro

    Joined:
    Aug 28, 2015
    Posts:
    795
    Likes Received:
    163
    Location:
    Chesterfield, MO
    A media expert Porter Pibb says Elliott Management is wrong about AT&T.

    AT&T stock dives after CFO shares 'tough decisions' over blackouts

    “Not reimbursing subscribers for the loss of CBS content is not helpful and the re-acquisition costs will be significant," Bibb said. "Netflix has mastered CRM and provides an appropriate model for AT&T and all others entering the streaming wars.”

    “Elliott Management is dead wrong in criticizing AT&T for acquiring TimeWarner, and should focus on Verizon, which has no center or second revenue stream and consists only of dumb pipes, which will become less and less profitable as new competitors like T-Mobile/Sprint begin to take Verizon wireless subscribers,” he said.
     
    NashGuy likes this.
  14. lparsons21

    lparsons21 SatelliteGuys Master Lifetime Supporter

    Joined:
    Jul 17, 2009
    Posts:
    7,934
    Likes Received:
    4,924
    Location:
    Herrin, IL 62948
    Always nice to see competing opinions from the “ex spurts”


    Sent from my iPad using Tapatalk Pro
     
    navychop likes this.
  15. Juan

    Juan Supporting Founder Supporting Founder

    Joined:
    Sep 14, 2003
    Posts:
    22,991
    Likes Received:
    4,787
    Location:
    Moscow Russia
    Ex sports
    Sent from my SM-G950U using the SatelliteGuys app!
     
  16. CSM

    CSM SatelliteGuys Pro

    Joined:
    Aug 28, 2015
    Posts:
    795
    Likes Received:
    163
    Location:
    Chesterfield, MO
    First review of AT&T TV is in. He didn’t say what speed he has

     
  17. CSM

    CSM SatelliteGuys Pro

    Joined:
    Aug 28, 2015
    Posts:
    795
    Likes Received:
    163
    Location:
    Chesterfield, MO
    Interesting article about who would buy DTV.

    Also this article has Stephenson saying the nationwide launch of AT&T TV is launching in 2020.

    Deeper Dive—Who would buy DirecTV?
     
  18. CSM

    CSM SatelliteGuys Pro

    Joined:
    Aug 28, 2015
    Posts:
    795
    Likes Received:
    163
    Location:
    Chesterfield, MO
  19. Soccernut

    Soccernut SatelliteGuys Pro

    Joined:
    Jan 19, 2004
    Posts:
    187
    Likes Received:
    24
    Location:
    Fresno,ca
    I don't think it takes much speed to stream what he was watching, 5Mbps maybe.
    AT&T is a joke.
     
  20. navychop

    navychop Member of the Month - July 2014! Pub Member / Supporter Lifetime Supporter

    Joined:
    Jul 20, 2005
    Posts:
    47,770
    Likes Received:
    12,753
    Location:
    Northern VA
    Good. Good news for Dish.

    I think Dish can siphon off many former DTV customers.


    Sent from my iPhone using SatelliteGuys App. For now.
     

Separate names with a comma.

More...