AT&T explores parting ways with DirecTV unit: Wall Street Journal

AT&T explores parting ways with DirecTV unit: Wall Street Journal

The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid

(Reuters) – AT&T is exploring parting from its DirecTV unit, the Wall Street Journal reported, citing people familiar with the matter.

The wireless carrier’s shares rose 1.5% in after-market trading.

AT&T did not immediately respond to Reuters requests for comment.

Reporting by Neha Malara in Bengaluru; Editing by Arun Koyyur

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