The acquisition of Dish Network by DirecTV has been agreed upon, creating a global behemoth in the satellite TV space and providing financial stability to the struggling Dish Network, which faces billions of dollars in debt. The deal involves a multi-step transaction where a private equity firm will acquire a majority stake in DirectTV from AT&T, which will then buy Dish Network for just one dollar but also take on its $2 billion debt. The acquisition will result in a combined total of around 19 million subscribers, rivaling cable TV leader Comcast. The companies anticipate the deal to close in the second half of 2025, pending regulatory approval. Previous attempts at a merger between the two companies have been denied by regulatory bodies, citing concerns about competition in the market.
