AT&T Pins Hopes On Premium Streamer

After losing nearly 1.2 million pay TV subscribers in the fourth quarter, AT&T looks for new premium streaming service to reverse its video fortunes. The company said in its 4Q earnings report that it hopes the introduction of “software-based” video services, AT&T TV and HBO Max, will be natural compliments to a sales push of fiber-to-the-home services and reverse the company’s failing video fortunes.