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Thursday, September 1, 2011

Fitch Affirms DIRECTV Holdings' IDR at 'BBB-'; Outlook Stable

DirecTV recently reported its Q2 earnings. While the earning results were impressive as a whole, they did hint at a possible slowdown in the US market that woul.

US DBS leader DirecTV is spending $100 million a week buying in its own shares. As at June 30 it had $3.4 billion of authorised cash available to buy back its shares, and according to ratings agency Fitch, it expects DirecTV's capital allocation

Multiband Corp. , a Minneapolis company that installs DirecTV service to homes, said Thursday it plans to buy WPCS International Inc. 's operation centers in St. Louis and Sarasota, Fla., for $2 million. The two operation centers produced $13 million

Mike Farrell — Multichannel News, 8/4/2011 1:04:51 PM Stiffer competition from telcos, price increases on some products and a faltering economy helped drive subscriber additions to an all-time low at DirecTV in the second quarter,

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