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AT&T reportedly trying to provide DirecTV immediately after significant buyer losses

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AT&T reportedly trying to sell DirecTV after massive customer losses

AT&T is reportedly seeking to promote DirecTV to non-public-equity buyers just five decades just after acquiring the satellite supplier. The negotiations with probable purchasers come soon after thousands and thousands of shoppers ditched DirecTV around the previous two many years, and could benefit DirecTV at significantly a lot less than the $49 billion AT&T paid out for it.

“AT&T is in search of non-public-equity traders to get the bulk of its DirecTV satellite-television business, helping it cope with a significant drag on its operations, according to persons acquainted with the problem,” Bloomberg wrote yesterday. AT&T and its advisers at Goldman Sachs “have been in talks with non-public-fairness suitors about the satellite Tv unit,” with potential bidders which includes Apollo World wide Management and Platinum Equity, The Wall Road Journal noted.

AT&T could stop up marketing DirecTV for much considerably less than it compensated 5 several years in the past. “Any offer for the satellite Tv set service would be sizable but probable a much cry from the $49 billion AT&T paid for it in 2015,” the Journal wrote, quoting sources familiar with the talks as saying that “a offer could worth the business enterprise below $20 billion.”

7 million subscribers dropped due to the fact mid-2018

A sale is by no usually means a certainty, and AT&T could retain a minority stake in DirecTV even if a sale happens, the studies stated. “AT&T is on the lookout to sell just over 50 % of the asset, which would allow the telecom big to consider a rapid-shrinking business enterprise off its publications while still savoring the advantages of a however-massive distribution community,” the Journal wrote. AT&T previously deemed a sale of DirecTV last yr but made the decision to retain the satellite small business.

AT&T’s 2015 buy of DirecTV happened less than then-CEO Randall Stephenson, who retired this 12 months. The new talks with possible consumers “were being spurred by Main Executive John Stankey,” who changed Stephenson in July, the Journal wrote, incorporating that “Mr. Stankey has explained the business really should sharpen its aim on main connectivity products and services.”

AT&T has been reporting major client losses every single quarter for the earlier two years, with AT&T’s increasing Television set price ranges supporting force users to other Television set or on line streaming companies. Following a Q2 2020 decline of 954,000 clients, AT&T was down to 18.41 million buyers across DirecTV, U-verse Television, and AT&T-branded on line Tv set products and services. Which is a decline of a lot more than 7 million shoppers since mid-2018 when AT&T had 25.45 million subscribers in those people categories.

AT&T declined to comment, according to Bloomberg. We contacted AT&T nowadays and will update this article if we get a response.

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Economy

Elon Musk asked an employee for sex in exchange for a horse. SpaceX pays $250,000 to keep woman quiet – Observer

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Elon Musk asked an employee for sex in exchange for a horse.  SpaceX pays $250,000 to keep woman quiet - Observer

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SpaceX multi-million dollar company Elon Musk, paid $250,000 to silence a former flight attendant whom Musk allegedly asked for sex during a massage, promising her that he would buy her a horse in return. The story has been revealed business insiderciting a person close to the woman in question – and Elon Musk has already reacted, stating that “there is a lot to tell in this story” and claiming that this is a publication “with political motives to hurt” the richest man in the world.

The case did not go to trial because in 2018 SpaceX agreed to pay the woman $250,000 (€236,000 at current exchange rates) to settle the case out of court, which includes a promise that the woman would not be a public matter. However, a Business Insider report cites a friend of the woman who gave details of the case and mentioned the woman’s identity (which Business Insider, however, does not disclose).

The incident may have taken place in late 2016, when this woman, a flight attendant from SpaceX’s private jet fleet, was called in to give Elon Musk a private massage. According to a statement made by a friend of the woman, her superiors advised the flight attendant to take a body massage course because that way she could later see that her work was appreciated because of the massage she could give Musk. At that stage, the woman worked under a contract.

During one such massage session on a flight to London, Musk is said to have shown a woman his penis, touched her leg without consent, and asked her to “do more”. And knowing that the woman was a horse rider, he suggested that if she initiates sexual intercourse, he would buy her a horse. The woman did not agree, and since then she will have fewer requests for jobs at SpaceX.

A PUB • CONTINUE TO READ BELOW

A friend says the woman told her about the incident shortly after – “she was very shocked, she didn’t know what to do.” “She believed that everything would return to normal, and could pretend that nothing happened, but then it began to seem to her that she was being avenged because her shifts began to shorten.” “She felt like she was being punished for refusing to engage in prostitution herself,” says her friend.

Elon Musk was contacted by Business Insider and, after asking for more time to respond, stated that “there is a lot to tell in this story.” However, he subsequently did not comment again, although Business Insider gave him more time to do so.

“If I had a tendency to sexual harassment, it is unlikely that only now, after a 30-year career, such a story would surface,” Musk added, calling this story “a politically motivated piece.” [o] harm.” Now that the news has been out, Elon Musk has turned to Twitter – the social network he’s currently buying – to discount the case.

receiving tweet 2021, where he said that if he were ever in the center of a scandal, he would like to be called “Elongated”. “Finally, we have the opportunity to use Elongate as a name for a scandal. It’s perfect!” he wrote that Friday, later using emoji laughter.

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Delta is the most attractive company to work in Portugal. Bosch and Farfetch round out the top three – Companies

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Delta is the most attractive company to work in Portugal.  Bosch and Farfetch round out the top three - Companies

Farfetch and Bosch were in the top three most attractive companies to work for this year, moving up to 8th and 15th places, while Delta secured the top spot.

Among the preferred sectors, healthcare ranks first, followed by information technology, which led last year, and the automotive sector rounds out the podium. As for remote work, it has declined again this year after the slowdown in government measures against Covid-19 and now stands at 38%.

These are the results of the Randstad Employer Brand Research 2022, which also notes a 4% increase in the number of Portuguese workers who changed employers in the second half of 2021.

There is also a growing trend in employment, with one in five Portuguese intending to change jobs this year, up 6% on the same period last year.

When choosing a company to work with, salary and benefits remain the main criteria, along with a combination of personal and professional life and work environment.

Randstad Employer Brand Research aims to analyze public perceptions of employers in different countries. In Portugal, the survey was conducted online in January 2022 with 4,997 people (active professionals, unemployed and students) aged 18 to 65. The majority of participants live in Lisbon (38%), followed by the north (34%) and center (18%) of the country.

Top 20 most attractive companies to work for:
1. Cafe Delta
2. Farfetch
3. Bosch
4. Nestle

5. Hovion

6. Siemens

7. Bank of Portugal

8. RTP – Radio and Television of Portugal

9. Company “Navigator”

10. Volkswagen group services

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11. OGMA – Portuguese Aviation Industry

12. Fujitsu Technology Solutions

13. IKEA Portugal

14. Joaquim Chavez Saude

fifteen . Volkswagen AutoEurope

16. Hospital da Luz

17. Nokia

18. Sumol+Compal

19. PSA Peugeot Citroen

20. Pestana Hotel Group

Top 10 most attractive sectors for work:
1. Health
2. IT, consulting and telecommunications
3. Car
4. Tourism, sports and entertainment
5. Consumer goods and food industry
6. Banking and financial services
7. Industry
8. Aviation
9. Customer service and general services
10. Services

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Economy

War in Ukraine: McDonald’s announces deal to sell Russian business to local businessman

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War in Ukraine: McDonald's announces deal to sell Russian business to local businessman

“Under the terms of the agreement, Govor will acquire the entire portfolio of the chain’s restaurants and begin operations with a new brand,” McDonald’s said in a statement, noting that the Russian businessman has been its partner since 2015, exploring several of the group’s establishments. in Siberia. .

The deal still needs regulatory approval and final details are expected to be agreed “in the coming weeks”.

“The sale and purchase agreement provides for the preservation of at least two years of jobs in equivalent conditions,” McDonald’s emphasizes, without increasing the amount of the transaction.

Govor will also pay salaries to employees working in 45 regions of Russia until the deal is completed.

The agreement was announced three days after McDonald’s announced it was pulling out of the Russian market after more than 30 years in the country, where it had 850 restaurants and 62,000 employees.

“The humanitarian crisis caused by the war in Ukraine and the unpredictable context for continuing operations have led McDonald’s to conclude that business in Russia is no longer sustainable or in line with McDonald’s values,” the restaurant chain said in a statement released in the United States. USA.

The fast food chain announced the temporary closure of its restaurants and the suspension of work in Russia on March 8.

The departure of McDonald’s from Russia has great symbolic and economic significance, as the group was one of the first Western brands to settle in the country. It opened a branch in Moscow in 1990, shortly before the collapse of the Soviet Union, becoming a symbol of the end of the Cold War.

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