AT&T Inc.’s pay-television business lost more than 650,000 customers in the fourth quarter, as cord-cutting continued to take its toll, but the media business—now called WarnerMedia—and surging profits in its wireless business helped the bottom line.
HOW CAN YOU SPIN THESE RESULTS?
The company reported a net loss of 403,000 DirecTV satellite subscribers as well a decline in its online streaming service DirecTV Now, which shed 267,000 customers including free trial accounts. AT&T reported a net customer gain of 12,000 at its U-verse home video service.
This is a post that was taken from @XnYy4dV-ent and reposted.