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News Breaks
February 20, 2014
07:39 EDTDTVDirecTV reports Q4 Latin America net subscriber additions 231K
Excluding changes in foreign exchange rates, DTVLA fourth quarter revenues grew 24% driven by a 15% increase in the average number of subscribers and an 8% increase in local currency ARPU's. When factoring in unfavorable changes in foreign currency, most notably in Venezuela, Argentina and Brazil, DTVLA ARPU declined 7.8% to $51.47 and revenues increased 6% to $1.77B compared to the fourth quarter of 2012. Net subscriber additions of 231,000 in the quarter decreased from 658,000 in the prior year period due to a decline in gross subscriber additions, along with a higher average monthly churn rate. Fourth quarter gross subscriber additions declined to 989,000 principally due to lower imports of set-top boxes for new customers in Venezuela, as well as lower subscriber additions in Argentina, Colombia and Chile associated with more challenging economic and competitive conditions. Average monthly post-paid churn increased to 1.85% and total average monthly churn increased to 2.21% mostly due to higher churn in Brazil related to the effect of a higher mix of mass market subscribers along with more challenging economic and competitive conditions. DTVLA ended the year with 11.57M subscribers, an increase of 12% compared with the year ended December 31, 2012.
News For DTV From The Last 14 Days
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May 21, 2015
14:37 EDTDTVFCC likely to approve AT&T-DirecTV deal with conditions, CTFinancialNews says
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May 18, 2015
08:59 EDTDTVAT&T CEO says gets profitable TV product from 'day one' by buying DirecTV
AT&T (T) CEO Randall Stephenson said AT&T's existing U-verse product is "nice" but unprofitable and that the company will get a profitable TV product from "day one" by buying DireTV (DTV). Stephenson said he expects to take share from cable operators and other TV offerings with its combined offering after the DirecTV deal closes. Stephenson said the company is on target to get the DirecTV deal closed in Q2. Stephenson spoke on CNBC.
08:45 EDTDTVCogent CEO says considering lawsuit against AT&T, CTFinancialNews reports
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May 14, 2015
10:37 EDTDTVDISH CEO says AT&T, DirecTV merger will bring tougher competitor
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06:37 EDTDTVDISH, Cogent ask FCC to set conditions for AT&T acquisition, Reuters says
DISH (DISH) and Cogent Communications (CCOI) asked the FCC to force AT&T (T) to sell Internet service as a standalone service, as a condition of the telecom giant's proposed acquisition of DirecTV (DTV), according to Reuters. DISH and Cogent also asked the agency to make AT&T sell standalone Internet service at a reasonable price and at the same speeds it provides in package deals, the news service stated. Reference Link
May 12, 2015
12:59 EDTDTVRegulators unlikely to block AT&T-DirecTV deal, WSJ says
The FCC and U.S. Justice Department are nearly finished reviewing AT&T's (T) acquisition of DirecTV (DTV), and are unlikely to block the deal, reports The Wall Street Journal, citing people familiar with the matter. Sources said the Justice Department hasn't raised issues, and though the FCC may seek to impose conditions, they are expected to be acceptable to AT&T. Reference Link
12:32 EDTDTVDirecTV up 1% after report says regulators unlikely to block AT&T deal
Dow Jones, citing sources, said the U.S. review of the deal is nearing its end and that regulators are unlikely to step in to block the merger.
12:30 EDTDTVU.S. unlikely to block AT&T, DirecTV deal, Dow Jones reports
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11:14 EDTDTVAOL premium low but likely best bet for AOL shareholders, Bloomberg says
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08:31 EDTDTVApple likely to launch TV video service this year, says Pacific Crest
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May 10, 2015
18:05 EDTDTVFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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