AT&T Sales Fall Short as TV Viewer Losses Continue to Mount

  • No. 1 pay-TV provider lost 49,000 subscribers last quarter
  • Revenue of $40.5 billion missed estimates for $40.6 billion

AT&T Inc.’s second-quarter sales fell short of analysts’ estimates, hurt by a loss of video subscribers who are increasingly dropping traditional TV packages for cheaper online alternatives.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.