#directv-divestiture-loss

#directv-divestiture-loss

"Wireless bills have gotten way too complicated and way too expensive. With UnBig Your Bill, Optimum Mobile is putting transparency and affordability front and center. Customers bring us their bill, we do the math together, and either they save with us or we give them $150. It's that simple."

QVC Group has filed for Chapter 11 bankruptcy protection, marking a significant shift for one of the most recognizable brands of the cable TV era. The company intends to operate as a debtor-in-possession under the jurisdiction of the Bankruptcy Court, aiming to maintain normal business operations during the proceedings.

"I think the people that have run CNN for the last long period of time are a disgrace. I think it's imperative that CNN be sold."

Put together, the two companies pass ~7.1 [million] locations in 26 states. The two companies overlap in only three counties in Texas (109k locations). Texas and Illinois will have the largest footprint for the combined entity. Cable and Fiber will cover an almost equal share of locations for the combined company.

Our vision is that AT&T becomes the highway upon which commerce and AI workloads traverse. That ambition is framed internally not so much as a pivot but as an escalation. McElfresh describes the decision as a reaffirmation of a role the company has played for decades: investing in the systems that made the modern internet possible in the first place.

Paramount said that it lined up "an aggregate $24 billion commitment from three sovereign wealth funds" from Gulf countries, specifically Saudi Arabia, Abu Dhabi, and Qatar. Paramount said at the time that the sovereign wealth funds "agreed to forgo all governance rights (including board representation)."

AT&T acquired the bundle for $108.7 billion in 2018 and exited for roughly $43 billion in 2022, booking a $47 billion loss in the process. The Ellison family is now paying $111 billion for those same assets, backed by $57.5 billion in debt from Bank of America, Citigroup, and Apollo. Bold move or billionaire ego trip?

Only 57pc now have pay-TV subscriptions from traditional providers, down from 70pc in 2022.

Both are using wireless as a broadband retention tool: a customer with both internet and mobile from the same provider is much harder to lose to a fiber overbuilder. Charter added 428,000 Spectrum Mobile net lines in Q4, pushing mobile service revenue up 13.1% to $973 million. Comcast had its best wireless year ever, adding 1.5 million net lines for the full year and ending 2025 with over 9 million total lines.

Disney on Monday revealed the impact of its prolonged carriage dispute with YouTube TV. Disney said the 15-day blackout caused an approximately $110 million operating income hit to its sports segment in its most recent fiscal quarter. Overall operating income for its sports division came in at $191 million, down 23% from the year-ago quarter, the company said. The company said this reflected the YouTube TV fallout, higher programming and production costs, and a decrease in subscription and affiliate fees.

Last year, in October, Google announced it was in negotiations with Disney to keep networks like ABC and ESPN on YouTube TV. As the two parties failed to reach an agreement before the then-existing licensing deal expired, a Disney media blackout ensued. Although both corporations were predicted to lose millions during the blackout, the situation wasn't resolved until mid-November. Now we're starting to learn just how big a financial impact that blackout had on Disney.

Paramount Skydance finally outbid the streamer this week by offering Warner Bros. Discovery $31 a share, at a total of $111 billion, for everything in its corporate portfolio-and it would not get a financial counter from Netflix in turn. WBD's directors still have to formally accept this outcome, but Paramount Skydance CEO David Ellison, and his superwealthy father, Larry, have won.

T-Mobile's Q4 results reflected strong operational momentum offset by workforce restructuring costs. Service revenue climbed 10% YoY to $18.7 billion, driven by postpaid service revenue growth of 13.9%. Operating cash flow surged 20% to $6.65 billion, while adjusted free cash flow reached $4.2 billion. The earnings miss stemmed from $390 million in severance costs ($293 million after-tax) tied to workforce transformation initiatives. Without this charge, operational performance remained robust, with full-year 2025 core adjusted EBITDA hitting $33.9 billion.