DIRECTV completes acquisition of EchoStar's Video Distribution Business, Including DISH TV and Sling TV
Acquiring Company
DirecTV
Acquired Company
EchoStar
United StatesEnglewoodSatellite CommunicationBroadcastingHardwareTelecommunicationsDescription
DIRECTV, headquartered in El Segundo, California, has entered into a definitive agreement to acquire EchoStar's video distribution business DISH DBS, including DISH TV and Sling TV. This strategic acquisition is aimed at providing U.S. consumers with more flexibility and better value in the highly competitive video industry currently dominated by large tech companies and programmers. The transaction is expected to benefit both companies' financial profiles and improve consumer choices in the video distribution market.
Quick answer
DirecTV is acquiring EchoStar, announced September 30, 2024. DirecTV is based in United States.
- How much did DirecTV pay for EchoStar?
- The deal value was not disclosed.
- What does DirecTV do?
- DirecTV is a digital satellite TV provider that launched in 1994.
- Where are DirecTV and EchoStar based?
- DirecTV is based in United States. EchoStar is based in Englewood, Colorado, United States.
Source: Fundz verified event record.
Other recent acquisitions in Satellite Communication and Broadcasting
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- MCA completes acquisition of Illinois Cooperative Association, Inc. (d/b/a Clear Talk) to expand its wireless communication solutions (September 16, 2024)
- 16431771 Canada Inc. to acquire ZoomerMedia Limited in a Going-Private Transaction (November 11, 2024)
- iQSTEL Inc. advances global expansion with acquisition of SwissLink Carrier AG to consolidate international telecom assets (November 4, 2024)
- Hewlett Packard Enterprise to acquire Juniper Networks in $14 billion all-cash transaction, $14B (October 31, 2024)
- Netmore Group expands global presence with acquisition of LoRaWAN network operator Everynet (October 30, 2024)
- Titania Solutions Group Inc. Acquires Folsys Engineering LLC to Expand into Satellite Systems Engineering (October 16, 2024)
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Frequently asked
Who acquired EchoStar?
EchoStar was acquired by DirecTV, based in United States. The deal was reported on September 30, 2024. DirecTV is a digital satellite TV provider that launched in 1994. It offers a range of television services and has evolved through various ownership changes. DirecTV is privately held and operates in Satellite Communication.
When did DirecTV acquire EchoStar?
DirecTV's acquisition of EchoStar was reported on September 30, 2024. DIRECTV, headquartered in El Segundo, California, has entered into a definitive agreement to acquire EchoStar's video distribution business DISH DBS, including DISH TV and Sling TV. This strategic acquisition is aimed at providing U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does EchoStar do?
EchoStar, based in Englewood, Colorado, is a global provider of mobile satellite communication and video delivery services through its Hughes Network Systems and EchoStar Satellite Services business segments. It is publicly traded (ECHO), operating in Hardware, and is based in Englewood.
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