DirecTV Q1 Subscriber Growth Slows Amid M&A Talk

By | May 6, 2014

Scalper1 News

DirecTV Group (DTV) reported Q1 revenue below estimates, but adjusted diluted earnings per share, excluding charges related to currency devaluations in Venezuela, topped expectations. The satellite TV broadcaster said subscriber growth slowed in the U.S. and Latin America from the year-earlier period. DirecTV’s shares edged up in early trading in the stock market today. There’s speculation that telecom giant AT&T (T) will bid for DirecTV, though Scalper1 News

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