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AT&T warns for decline in video subscribers during Q3

2017-10-12 19:32:00| Telecompaper Headlines

(Telecompaper) AT&T expects nearly 300,000 DirecTV Now net adds, though total US video subscribers will fall by about 90,000. AT& said the video net losses were driven by heightened competition in the traditional pay-TV markets and OTT services, and hurt by the recent hurricanes and stricter credit standards. The decline of traditional video subscribers negatively hit Entertainment Group revenues and margins, which means the adjusted operating profit margin will be essentially flat year-on-year.

Tags: video att decline subscribers

AT&T warns of earnings hit, video customer losses in Q3

2017-10-12 02:00:00| Total Telecom industry news

Natural disasters across its operating footprint will impact on AT&T's revenues and earnings in the third quarter of this year, the U.S. telco warned on Wednesday, adding that it will also report hefty video customer losses, in part due to the recent hurricanes and also as a result of market competition…read more on TotalTele.com »

Tags: video customer hit att