From: telecomdigestsubmissions@remove-this.telecom-digest.org   
      
   by Ben Munson   
      
   AT&T CFO John Stephens broke down some of the long-term financial   
   benefits his company could see from its recent deal to spinoff its   
   linear video businesses.   
      
   Last month, AT&T announced a deal TPG Capital to establish a new   
   company named DirecTV that will own and operate DirecTV, AT&T TV, and   
   U-verse. The deal implies an enterprise value of $16.25 billion for   
   the new company, of which AT&T will own 70% of the common equity.   
      
   https://www.fiercevideo.com/video/at-t-cfo-breaks-down-economic-   
   enefits-directv-spinoff   
      
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