Randall L. Stephenson

AT&T's new video streaming service, DirecTV Now, boosts quarterly results

AT&T's new video streaming service, DirecTV Now, boosts quarterly results

AT&T said Wednesday that it has attracted more than 200,000 customers for its recently launched video streaming service, DirecTV Now, as the television industry races to keep up with dramatic changes in consumer behavior.

Dallas-based AT&T is the nation’s second-largest phone company and the largest pay-TV business with more than 25 million TV customers. Wall Street closely monitors subscriber counts to glean insights on the health of the industry.

During the October-December quarter, the telecommunications giant had a net loss of  about 27,000 traditional television subscribers, as its U-Verse service continued to lose ground.

However,...

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