T Optimizes Portfolio With Strategic Divestiture: Will it Fuel Growth?
Key Takeaways T has completed the divestiture of its remaining 70% stake in DIRECTV to streamline operations. The move frees capital to cut debt and accelerate investments in 5G and nationwide fiber expansion. T has gained 7.6B from the deal by 2029.AT&T, Inc. (T) recently announced that it has completed the divestiture of its remaining 70% stake in DIRECTV. In the second half of 2024, AT&T inked an agreement with TPG Capital, a prominent private ...