AT&T’s Pay-TV Customers Continue to Flee

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AT&T’s Pay-TV Customers Continue to Flee
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AT&T lost more than 620,000 customers across DirecTV, DirecTV Now and U-verse cable

AT&T Inc.’s pay-television business lost more than 620,000 customers in the first quarter, while acquisition costs from the WarnerMedia business weighed on its bottom line.

The company reported a net loss of 544,000 DirecTV satellite and U-verse cable subscribers while it shed 83,000 customers in its online streaming service DirecTV Now, which includes free trial accounts. AT&T ended the quarter with 23.9 million pay-TV connections.

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