DirecTV and Dish Near Merger to Form Largest US Pay-TV Provider

The potential deal, driven by EchoStar's debt crisis, could be finalized by Monday and would consolidate nearly 20 million subscribers.

DirecTV is in advanced talks with EchoStar to acquire Dish Network and Sling TV, aiming to finalize the deal by September 30.
The merger is motivated by EchoStar's need to address $1.98 billion in debt maturing in November 2024.
Together, DirecTV and Dish will have almost 20 million subscribers, down from their peak levels due to the rise of streaming services.
Past attempts to merge faced regulatory hurdles, but analysts believe the current competitive landscape might ease approval.
EchoStar's stock surged on the merger news, reflecting investor optimism about the potential financial lifeline for the company.