Written by: Roshan Dwivedi
The Year 2017 has proved to be a successful year for DirecTV Now which has successfully registered 1.2 million subscribers under its belt.
However, the traditional satellite service of the American broadcaster continued to slip, losing a net 147,000 customers in the fourth quarter just like AT&T which lost 60,000 subscribers at the same time.
As of the end of 2017, AT&T had 25.2 million video subscribers in the U.S., down 1.1% versus 25.5 million a year earlier (and a decline from 25.08 million at the close of Q3 2017). AT&T released the numbers in reporting Q4 2017 results.
Randall Stephenson, Chairman and CEO, DirecTV, quoted, “DirecTV Now represents a video product we are convinced will give us growth over the next three years as legacy pay-TV services decline. We are very bullish on video.”
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