DirecTV

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.[2][3] Its 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.[4][5]

DirecTV, LLC.
FormerlyThe DirecTV Group, Inc. (2004–2015)
TypeJoint venture
IndustrySatellite television
PredecessorHughes Electronics
FoundedJune 17, 1994; 27 years ago (1994-06-17) (as DirecTV)[1]
Headquarters,
Areas served
United States, Latin America and the Caribbean
Productssatellite pay television, pay-per-view, streaming television
Owners
SubsidiariesDirecTV Stream
Websitewww.directv.com
4K Reverse Band Slimline 3 DirecTV satellite dish with a multi-satellite LNB

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.[6]

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% stake to TPG Capital while retaining a 70% stake in the new standalone company. The deal was closed on August 2, 2021.[7][8]