Moments after receiving the FCC’s condition-filled blessing, AT&T announced Friday that it had closed its acquisition of DirecTV, creating a pay TV provider with north of 26 million customers in the U.S. and 19 million subs in Latin America.
And the closure came with a big executive announcement – John Stankey will be CEO of AT&T Entertainment & Internet Services, where he’ll head up the combined DirecTV and AT&T Home Solutions operations, and report to AT&T chairman and CEO Randall Stephenson.
Additionally, DirecTV president, chairman and CEO Mike White announced his plans to retire.
For the full story go to Multichannel.com.
More about broadcasting and cable
Latest
