AT&T Lost 620,000 Video Subscribers in Q1 2021


By

on

in

, ,

AT&T reported its first quarter earnings Thursday morning, showing a loss of 620,000 video customers. That number includes losses from DirecTV, U-Verse, and AT&T TV. AT&T ended the quarter with 15.89 million pay TV customers.

AT&T and TPG entered into an agreement to form a new DirecTV in February, which included the sale of 30% of DirecTV to TPG.

The company also shut down AT&T TV Now in January, merging that service with AT&T TV ahead of the TPG deal. AT&T TV now offers both no-contract plans and 2 year contract plans. Following the merge, AT&T raised the prices of legacy AT&T TV Now and DirecTV plans to be more in line with AT&T TV pricing.

Due to the TPG deal, AT&T is now reporting its quarterly video business results in the Corporate & Other category “as the business is classified as held for sale” so we’ll no longer get specific numbers for AT&T TV Now.  

Disclaimer: To address the growing use of ad blockers we now use affiliate links to sites like http://Amazon.com, streaming services, and others. Affiliate links help sites like Cord Cutters News, stay open. Affiliate links cost you nothing but help me support my family. We do not allow paid reviews on this site. As an Amazon Associate I earn from qualifying purchases.

Subscribe to Our Newsletter

* indicates required

Please select all the ways you would like to hear from :

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.