AT&T after the merger deal went through already had billions in debt due to it. The pandemic made it worse. Its why Warner Media pulled away from Diamond distribution for a better money deal after years with Diamond and now were seeing idiot moves like this. They are billions in debt scrambling to sell off whatever parts they can to keep it all afloat.
Direct TV is expected to either be sold off or closed up after the NFL Sunday Ticket contract expires in the next year or 2. Because again deep in debt and moronic **** moves.
In all this deal should have never been approved. Not with this much debt involved.