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BUSINESS
March 3, 1998 | Bloomberg News
Bell Atlantic Corp. and SBC Communications Inc. signed agreements with DirecTV and United States Satellite Broadcasting Co. to sell satellite-television services to their telephone customers. Financial terms were not disclosed. The regional Bell phone companies will offer service from DirecTV and USSB, two of the nation's largest satellite-TV providers. The move gives Los Angeles-based DirecTV and St. Paul, Minn.
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BUSINESS
March 3, 1998 | Bloomberg News
Bell Atlantic Corp. and SBC Communications Inc. signed agreements with DirecTV and United States Satellite Broadcasting Co. to sell satellite-television services to their telephone customers. Financial terms were not disclosed. The regional Bell phone companies will offer service from DirecTV and USSB, two of the nation's largest satellite-TV providers. The move gives Los Angeles-based DirecTV and St. Paul, Minn.
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BUSINESS
January 22, 1999 | SALLIE HOFMEISTER, TIMES STAFF WRITER
In a development that would leave two strong U.S. satellite television services to compete against the cable industry, Hughes Electronics is expected to announce today the purchase of all the assets and customers of its second-largest competitor, PrimeStar Partners, sources say. Under the deal, which has been widely expected, Hughes, on behalf of its DirecTV satellite subsidiary, would pay PrimeStar as much as $1.3 billion in stock and cash for assets that include 2.
BUSINESS
January 23, 1996 | JUBE SHIVER Jr., TIMES STAFF WRITER
Hoping to avoid risking hundreds of millions of dollars in Wednesday's government auction of satellite TV licenses, AT&T Corp. said Monday that it will instead invest $137.5 million in Hughes Electronics Corp.'s DirecTv and help sell the company's satellite television equipment and services.
BUSINESS
January 26, 1996 | JUBE SHIVER Jr., TIMES STAFF WRITER
A unit of long-distance carrier MCI Communications Corp. on Thursday won the right to offer a new nationwide satellite television service, one day after the nation's biggest cable TV operator bowed out of bidding in a federal government auction. MCI Telecommunications Corp., which has an alliance with one of the world's most experienced satellite TV operators--News Corp. Chairman Rupert Murdoch--submitted a winning bid of $682.5 million in the two-day auction.
BUSINESS
June 16, 1995 | SALLIE HOFMEISTER, TIMES STAFF WRITER
The legislation passed in the Senate on Thursday to reform telecommunications laws has sweeping implications for the cable and broadcasting industries--as well as for consumers of some of their services. For starters, the bill essentially would deregulate cable rates. In the short run, that could lead both to higher cable rates and wider experimentation in the selection and packaging of programming.
NEWS
October 14, 1994 | LYNN SIMROSS, SPECIAL TO THE TIMES
It's here at last--a satellite dish no bigger than a large pizza. RCA's Digital Satellite System, with its 18-inch dish, is available nationwide this month, offering TV viewers a nifty alternative to a big, ugly disk that takes up half the yard. The DSS was launched in Los Angeles stores last week by RCA/Thomson Consumer Electronics, DIRECTV, a unit of GM Hughes Electronics, and USSB (United States Satellite Broadcasting Co.), a division of Hubbard Broadcasting.
BUSINESS
December 15, 1998 | SALLIE HOFMEISTER, TIMES STAFF WRITER
In the latest consolidation of the nation's satellite television business, DirecTV has agreed to acquire its partner United States Satellite Broadcasting Co. in a stock and cash transaction valued at about $1.3 billion. The deal, long considered inevitable by Wall Street, is expected to strengthen DirecTV's lead in the satellite television business at a time when the El Segundo-based company faces increasing pressure from its chief rival, EchoStar Communications Corp. of Englewood, Colo.
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