AT&T's DirecTV to become standalone video business


FILE PHOTO: DirecTV satellite dishes are seen on an apartment roof in Los Angeles, California in this file photo taken May 18, 2014. REUTERS/Jonathan Alcorn

(Reuters) - AT&T Inc's satellite television provider, DirecTV, will become a standalone video business as part of a deal between the wireless service provider and buyout firm TPG Capital.

The video service unit said on Monday it will launch DirecTv Stream, a platform that will allow its users to get access to streaming services such as Netflix, Amazon.com Inc's Prime Video and HBO Max.

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