AT&T considers getting rid of DirecTV as TV business tanks, WSJ reports

Enlarge / An AT&T store in Chicago. (credit: Getty Images | jetcityimage)

AT&T is considering whether to "part ways" with DirecTV, just four years after buying the satellite company, the Wall Street Journal reported today. The Journal report doesn't use the word "sale" to describe what AT&T is considering, but the end result could be AT&T no longer owning DirecTV.

"The telecom giant has considered various options, including a spinoff of DirecTV into a separate public company and a combination of DirecTV's assets with Dish Network, its satellite-TV rival," the Journal report said, citing "people familiar with the matter."

It's still early in the process, so AT&T could end up sticking with DirecTV. "AT&T may ultimately decide to keep DirecTV in the fold. Despite the satellite service's struggles, as consumers drop their TV connections, it still contributes a sizable volume of cash flow and customer accounts to its parent," the Journal reported.

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