Saturday, December 15, 2012

AT&T picks DirecTV over Dish - Silicon Valley / San Jose Business Journal:

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The AT&T-DirecTV partnership was announcedlate Friday. The news batteredd shares of Englewood, Colo.-based Dish Networkm (NASDAQ: DISH) in Mondayt morning trading. The company’s stocik price dropped $3.46, or nearly 14 percent, to $21.09. DirecTVc shares (NYSE: DTV) rose 15 cents, or less than 1 to $26.70. El Segundo-based DirecTV, whose majority owner is , now has salese partnerships with AT&T, Verizon and Denver-baserd Dallas-based AT&T has been offering Dish Network service inits phone-internet-televisionh bundles in some areas for the past five years. The agreement was scheduled toexpire Dec.
31, but AT&T announcede Friday it would extend the partnershipoone month, through January. It late r announced the exclusive, longer deal with 16 million-subscriber DirecTVc would startafter that. Termw of the arrangement with DirecTV werenot AT&T co-branding accounted for thousands of Dish Network’s new subscribers. Dish Networjk has about 13.8 million subscribers. It reported losing 25,00 0 subscribers in the second quarter, the firstf net loss of customers inits

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