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DTV » Topics » DIRECTV Mexico

This excerpt taken from the DTV 10-K filed Mar 1, 2005.

DIRECTV Mexico

 

As part of the Sky Transactions discussed above, DIRECTV Mexico is in the process of closing its operations and has sold its subscriber list to Sky Mexico. As a result, we recorded a pre-tax charge of $36.5 million in “Asset impairment charges” in the Consolidated Statements of Operations in the fourth quarter of 2004 to write-down certain of DIRECTV Mexico’s long-lived assets to their fair values.

 

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