AT&T’s entertainment division shed 1.4 million pay-TV customers in the latest quarter, adding pressure on the telecom giant to turn the page with its HBO Max video streaming service
AT&T Inc.’s core cellphone business gained subscribers while more than 1 million customers abandoned its DirecTV unit, adding pressure on the telecom giant to turn the page with the unveiling of its HBO Max video streaming service Tuesday.
The Dallas company’s entertainment division shed 1.4 million pay-TV customers during the quarter ended Sept. 30. The losses included 1.2 million satellite and fiber-optic TV customers and a 195,000-subsciber decline at AT&T TV Now, the online channel bundle once called DirecTV Now.
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