AT&T Pinched by Cord-Cutting and Closed Theaters

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AT&T’s legacy television business continued to lose customers, while its movie business was sapped by the pandemic

AT&T Inc.’s legacy television business continued to lose customers during the third quarter while its movie business was sapped by the pandemic and new media bets struggled to gain steam.

The telecom and media giant said Thursday that 8.6 million customers had activated HBO Max, its Netflix-like streaming video service, by the end of September, trailing rivals like Disney+ and Hulu. The overall number of customers watching HBO in any form rose to 38 million in the U.S. and 57 million world-wide, exceeding the company’s target...

 

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ATT , Verizon - The daily pounding of biased so called news by YahooNews is hurting your image too! I would disconnect or hang up from Yahoo NOW !

Also being a company with terrible customer service that always tries to screw customers they did have, hasn't helped ATT!?!? DirectTV ATT

While T- Mobil is booming, how come?

No surprise here and also think of decline in memberships with Netflix. They know why? Very bad corporate choices. People are smarter then you think.

That has a secure 7.8% yield... $T has bottomed out

Kaboom!

🥺🥺😭

A dinosaur

It couldn't happen to a more deserving monopoly.

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