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Friday, September 12, 2014

DirecTV confident it will close Sunday Ticket deal by end of 2014, (NYSE: T)

DirecTV, the largest U.S. satellite provider, expects to finalize its much anticipated contract with the National Football League for rights to the popular Sunday Ticket package by the end of the year, chief executive Mike White said on Friday. The company's merger with wireless provider AT&T Inc hinges on the completion of the deal."We have made good progress on the deal," said White at a telecommunications conference in New York.

AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T remained unchanged at $34.85. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 19747100 shares of T exchange hands on a given day and today's volume is recorded at 725.