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AT&T US down 627k; Vrio down 32k video subs in 1Q 2019
2019-04-24 13:30:29| Digital TV News
AT&T (NYSE:T) has reported results for the first quarter of 2019. Total U.S. video subscribers were down 627,000 in the quarter with DIRECTV NOW accounting for 83,000 of the losses. For Vrio in Latin America, net subscribers also declined, by 32,000.
AT&T says on track with debt reduction after small rise in Q1 adjusted earnings
2019-04-24 13:20:00| Telecompaper Headlines
(Telecompaper) AT&T reported revenues up 17.8 percent in the first quarter to USD 44.8 billion, driven by its takeover of Time Warner, expansion in advertising services and mobile service revenue growth. This was offset by continued declines its legacy wireline services and pay-TV subscriber losses. The company's net profit fell to USD 4.1 billion from USD 4.7 billion, hurt by one-time charges for the merger and employee benefit schemes. On an adjusted basis, the operating margin rose to 21.4 percent from 19.7 percent, and EPS increased to USD 0.86 from USD 0.85 a year ago.
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AT&T sells off stake in Hulu
2019-04-16 02:00:00| Total Telecom industry news
AT&T has sold its minority stake in online content streaming service provider, Hulu, for $1.43 billion. AT&T offloaded its 9.5 per cent stake in the company…read more on TotalTele.com »
AT&T Wireless (New Cingular Wireless)
2019-04-16 00:41:44| PortlandOnline
PDF Document, 16,999kbCategory: Wireless
Tags: wireless
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cingular wireless
AT&T sells Hulu minority stake back to Hulu
2019-04-16 00:00:19| Digital TV News
AT&T (NYSE:T) and Hulu have announced an agreement by which AT&T has sold its minority stake in Hulu back to the streaming video joint venture. The transaction valued Hulu at $15 billion, with AT&T's 9.5% interest valued at $1.43 billion.
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