September 16, 2022
DirecTV sheds 1.3 million more customers

AT&T Sheds 1.3 Million More DirecTV Customers, after Losing 5 Million since 2016

AT&T has lost yet another 1.3 million DirecTV subscribers, continuing the free-fall in satellite customers, as streaming gets more popular…

The end of Q3 2019 has DirecTV losing 1.3 additional subscribers of the satellite television service. AT&T recently reported a net loss of 1.163 million customers in its premium TV category, which includes DirecTV satellite and U-verse wireline TV services.

Another 1.3 Million DirecTV Subscribers Leave the AT&T Service

The latest losses leave AT&T with approximately 20.4 million satellite and wire-line subscribers. There are also 1.1 million streaming subscribers remaining. Since 2016, AT&T has lost nearly 5 million satellite and wire-line customers. (It previously boasted 25.3 million just about three years ago.)

AT&T’s quarterly Video Entertainment revenue fell from $8.3 billion to $7.9 billion year-over-year.

Overall, the entire company-wide revenue for AT&T and its many subsidiaries, including its own proprietary mobile network, came in at $44.6 billion for Q3 2019. But, that’s down from the same time next year, when it was $45.7 billion.

AT&T says about the numbers:

“Declines in revenues from legacy wireline services, WarnerMedia and domestic video, were partially offset by growth in strategic and managed business services, domestic wireless services and IP broadband.”

Owen E. Richason IV

Covers social media, apps, search, and similar news. History buff, movie, and theme park lover. Blessed dad and husband.     

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