DirecTV generated about $1 billion of free cash flow before interest and taxes this year, doubling last year’s output, and analysts expect earnings per share to jump 21% next year, to $1.31.
In the 2006 third quarter, DirecTV’s customer churn rate was a higher-than-expected 1.8%, and the company added fewer new subscribers than expected. But it [...]
DirecTV Pulls Mega Project Together
DirecTV Group kicked off its enterprise architecture project last July with the idea of putting silos of information into a uniformed system.
The provider of digital satellite television launched its service in 1994, and since grew from 1 million customers to more than 14 million. News Corp. owns a 34-percent share of [...]
DIRECTV 8 Satellite Successfully Launched
DIRECTV 8, a high-power Ku/Ka-band, direct broadcast satellite built by Space Systems/Loral (SS/L), was successfully launched from the Baikonur Cosmodrome in Kazakhstan aboard a Proton M/Breeze M launch vehicle provided by International Launch Services (ILS).
The satellite will provide selectable medium- and high-power Ku-band broadcast services to the U.S. on up to [...]
Look at the big picture when deciding on cable or satellite
Q: I am thinking of changing from cable TV to satellite and would like to know what you think about Dish Network versus Comcast. I’ve seen a lot of advertisement spam and snail mail about Dish that promises the world, and I need the real [...]
DirecTV 8 Launch Details Revealed
International Launch Services (ILS) said the window for its May 21 launch of the DirecTV 8 satellite from the Baikonur Cosmodrome in Kazakhstan will open at 1:59 p.m. EDT. The satellite will be delivered to orbit on a Proton M/Breeze M rocket.
Space System/Loral built the DirecTV 8 satellite based on its [...]
DirecTV posts narrower 1Q loss on revenue
DirecTV Group Inc., the nation’s largest direct broadcast satellite provider, said Monday that first-quarter losses narrowed significantly from last year, due to fewer charges and higher revenue at DirecTV U.S.
Losses narrowed to $41.4 million, or 3 cents per share, from $638.8 million, or 46 cents per share, a year [...]
Gravity Grounds DirecTV
Is satellite entertainment giant DirecTV set for new heights, or will the stock stay stuck in low orbit?
Sure, first-quarter results out yesterday were heartening: Subscriber growth helped DirecTV stem losses, prompting the market to push the stock up 5%. All the same, it’s hard to find a good reason to buy into DirecTV [...]
Voom subscribers who switch over to DirecTV will receive a $200 rebate and three months free of DirecTV HD, according to SkyReport.com. Voom subscribers, who will be stuck without the service’s 39 HD channels when they officially go off air April 30th, can choose from either an HD system or an HD digital video recorder [...]
DIRECTV Completes $2.5 Billion Senior Secured Financing
The DIRECTV Group, Inc. (NYSE:DTV) announced today that its subsidiary, DIRECTV Holdings LLC, has completed its previously announced senior secured credit facility. The size of the facility was increased to $2.5 billion as DIRECTV elected not to proceed with an anticipated $500 million unsecured notes offering.
The new senior secured [...]
Finisar accuses DirecTV of violating patents
Finisar Corp., a maker of gear for optical networks, Wednesday accused DirecTV Group Inc. of violating patents for an information-transmission system.
In a lawsuit filed in the U.S. District Court for the Eastern District of Texas, located in Beaumont, Texas, Sunnyvale-based Finisar said it seeks monetary damages and injunctive relief.
It said [...]