PremiumVideoSubscribers

AT&T Premium Video Subscriber Loss Narrows in Second Quarter

AT&T Premium Video Subscriber Loss Narrows in Second Quarter

BY GEORG SZALAI | HollywoodReporter.Com Troy Warren for CNT "This marks the best quarterly loss for AT&T since the fourth quarter of 2018," says one analyst. Telecom giant and WarnerMedia parent AT&T, led by CEO John Stankey, disclosed  Friday that it lost 473,000 premium video subscribers during the second quarter. It shared the preliminary figures for its DirecTV, AT&T TV and U-verse TV services in a regulatory filing related to its debt. Wells Fargo analyst Steve Cahall, in a first reaction, called the figures “not so bad,” noting that the FactSet consensus had called for a loss of 508,000 customers. “This marks…
Read More