News hopes for DirecTV approval this year

Status
Please reply by conversation.
John Corn

John Corn

Thread Starter
The Coach / Supporter
Supporting Founder
Sep 6, 2003
1,244
19
North Canton, Ohio.
NEWS Corporation chief executive and chairman Rupert Murdoch said yesterday News hoped to receive approval for its DirecTV acquisition by the end of the year.

He said the digital satellite television company, which News Corp is acquiring by taking a 34 per cent stake in Hughes Electronics, would be "transformative" for News Corp.

"Pending regulatory approvals for the deal, which we hope to secure by the end of the calendar year, our plan to offer enhanced interactive services, technological innovations and improved marketing and customer service will provide both superior service for American consumers and accelerated growth for shareholders," he wrote in the group's annual report.

http://dailytelegraph.news.com.au/story.jsp?sectionid=1265&storyid=181099
 
J

jssat

Supporting Founder
Supporting Founder
Sep 8, 2003
329
0
Wooster, OH
Cool!!!

I'm interested to see what is on the way!!

James
 
Status
Please reply by conversation.

Similar threads

uncrules
Replies
18
Views
2K
Smith P.
S
trehutch
Replies
20
Views
3K
Hemi 6.1
H
hdtvtechno
Replies
2
Views
2K
Rey
wallyhts
Replies
25
Views
2K
Gobucks
Gobucks
F
Replies
0
Views
2K
fredfa
F
Top