AT&T's Television Business Continues to Crumble [The Motley Fool]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: The Motley Fool
As a whole,AT&T(NYSE:TThere was one glaring misstep, however, that was shocking but not necessarily surprising. AT&T's television unit lost another 897,000 cable subscribers and another 8,000 streaming customers. That makes the three-month stretch ending in March the seventh consecutive quarter AT&T has lost TV customers. In fact, the loss seems to be accelerating.Image source: Getty Images.Some dismissed the setback as the result of the COVID-9 outbreak. People are locked down, and AT&T itself is largely on hold. Consumers as well as companies are just waiting for life to get back to normal.Except that argument doesn't hold water when it comes to AT&T's television business. TV viewing, whether by streaming or conventional cable,is way upMore of the sameIt's not a story that needs much in the way of retelling. AT&T's 0 acquisition of satellite cable name DirecTVnever quite lived up to expectationsData source:AT&T Investor RelationsAs for what went wrong, and why, last quarter's televi
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News
- AT&T Inc (T) Demonstrates Working Prototype of 5G/Cloud RAN Feature [Yahoo! Finance]Yahoo! Finance
- Bandwidth Highlights Voice AI Tailwind, Maestro “Winaways” and Debt Cut at Morgan Stanley Conference [Yahoo! Finance]Yahoo! Finance
- FBI confirms its networks were targeted by "suspicious" cyber activities [CBS News]CBS News
- Inglewood woman demands action from AT&T after nearly 2-year-long landline outage [CBS News]CBS News
- FBI investigating hack on its wiretap and surveillance systems: report [TechCrunch]TechCrunch
T
Earnings
- 1/28/26 - Beat
T
Sec Filings
- 3/5/26 - Form FWP
- 3/5/26 - Form 424B5
- 3/4/26 - Form 25-NSE
- T's page on the SEC website