The prepaid subscriber base will be adjusted by an increase of 543,000 connections with a corresponding decline in the connected device subscriber base to reflect subscriber activity prior to the third quarter. And, oh, by the way, they added: 90,000 video subscribers disappeared in the period for reasons having nothing to do with natural disasters. "Damage to our network and other property, costs to restore services, and revenue declines from waived charges will decrease our reported third-quarter 2017 consolidated revenues almost $90 million and our reported pre-tax earnings about $210 million, or $0.02 per diluted share".
AT&T has filed an financial update for its third quarter with the SEC, saying it expects a decline in video subscribers and subsequent effect on Entertainment Group revenues and margins.
Third arrest made in beating of black man at Virginia rally
A counter-protester, Heather Heyer, 32, was killed when a driver ploughed a vehicle into a crowd. Harris is expected to appear in Charlottesville General District Court on Friday, Oct. 13.
Russian-linked campaign used Pokemon Go to meddle in election
Similar activities were uncovered on YouTube, and now clearly Tumblr. Even a kids' AR game was apparently in on the Russian plot.
Pro-Sports Teams Drop Trump Hotels
The Washington Post reported that 17 teams in the four major sports have have used Trump properties for team travel. The trend started before Trump denounced football players who refuse to stand for the National Anthem.
Despite that, it left its full-year guidance unchanged.
Shares fell a bit less than 1% on average volume to close at $38.19, in the middle of its 52-week range. AT&T anticipates it will add 300,000 new customers to that service during the third quarter, which cuts video net losses to 90,000.
AT&T attributed the lower total video adds to more intense competition in the traditional pay-TV markets and OTT services, severe storms that hit the country, and tighter credit standards.