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    Will AT&T keep DirecTV? Struggling pay-TV unit lost 1.2 million customers in third quarter

    by Meg James, Los Angeles Times Oct 28, 2019 3 minutes

    AT&T has reached a truce with an activist investor critical of its strategy, but the company's DirecTV unit continues to bleed customers, underscoring the challenges facing the Dallas communications giant and raising questions about AT&T's long-term commitment to the satellite TV business.

    In the third quarter, DirecTV and its U-Verse television unit lost a staggering 1.2 million customers, as more consumers cut the cord and migrate to streaming platforms. The

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