AT&T vows to keep DirecTV despite losing millions of subscribers

(credit: Aurich Lawson)

AT&T doesn't intend to sell DirecTV despite internal discussions about whether to offload the struggling satellite TV business, The Wall Street Journal reported Tuesday.

"DirecTV is an important part of what we're going to be doing going forward," John Stankey, CEO of AT&T's WarnerMedia division, said in an interview with the Journal.

In addition to leading WarnerMedia, Stankey is taking on a new role as AT&T's chief operating officer, making him second in command to AT&T CEO Randall Stephenson. Stankey, who has been with AT&T since 1985, is reportedly the front-runner to become AT&T CEO when Stephenson retires.

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