Technology: DirecTV Subscriber Gains In Latin America Power Q4

Started by MikeLigalig.com, February 18, 2013, 01:29:18 PM

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MikeLigalig.com

February 18, 2013, 01:29:18 PM
DirecTV Subscriber Gains In Latin America Power Q4

DirecTV Group (DTV) said it added 658,000 subscribers in Latin America in Q4, up 12% from the year-earlier quarter, and announced a new $4 billion stock repurchase program, sending shares up 2% in early trading Thursday. Growth in Latin America has been a driver of DirecTV's stock, though shares sold off in late 2012 on speculation the satellite TV broadcaster could make a big acquisition in Brazil. Before the open Thursday, DirecTV said Q4

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