At&t Buy Directv -

The timing of the acquisition proved disastrous. Shortly after the deal closed, the "cord-cutting" phenomenon accelerated as millions of consumers began ditching traditional satellite and cable for streaming services like Netflix and Amazon Prime Video.

In July 2015, AT&T finalized its acquisition of DirecTV for approximately ($67 billion including assumed debt). At the time, the deal made AT&T the largest pay-TV provider in the world, boasting 26 million U.S. customers. at&t buy directv

: DirecTV also faced heavy losses on its exclusive NFL Sunday Ticket deal, which it eventually lost to streaming competitors. The Exit: Spinoff and Final Sale The timing of the acquisition proved disastrous