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AT&T takes on cable with new Video Streaming Service

AT&T’s new DIRECTV brand is going to be used for only online video content. 60% of its network traffic already comes from video – hence it is a logical step for the telecom giant to invest in a video streaming service. They will also be launching new internet packages specially made for DIRECTV – which makes sense as both broadband and OTT revenues will stay in-house. Also these packages require no additional hardware – something which can a threat for cable operators.

Source: Fool.com

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