AT&T keep FY guidance, despite decline in video subscribers during Q3

AT&T says it expects further reductions spilling into Q4. The carrier still reiterated its full-year 2017 guidance for mid-single digit adjusted earnings growth, adjusted consolidated operating margin expansion, capex of about United States dollars 22 billion, and free cash flow at the low end of the USD 18 billion range.

In the three months to the end of September the group saw its DIRECTV NOW service add around 300,000 (net) customers, but total USA video subscribers were down about 90,000.

AT&T attributed the video losses to increased competition with other traditional pay-TV providers and streaming services, hurricanes and AT&T's stricter credit standards, according to the SEC filing.

Gunman opens fire at Swedish marketplace
A huge police operation has been launched and the area around where the drama unfolded has been cordoned off. Local news outlet Sydsvenskan reported that eight ambulances had been sent to the scene.

Trump nominates new secretary of Department of Homeland Security
She is the premiere candidate for the homeland security post who had benefited in the department according to the statement. When Kelly moved to the White House in July, Nielsen joined him as his principal deputy chief of staff.

Ezekiel Elliott loses in appeals court; clearing way for suspension
Bad news for the Dallas Cowboys . a federal appeals court has ruled Ezekiel Elliott's 6-game suspension is back on. The court also ordered the district court to dismiss a case filed by Elliott's representatives.

Meanwhile, it notes it expects to report DirecTV Now added a net 300,000 subs, while overall total USA video subscribers will be down about 90,000 (which "negatively impacts our Entertainment Group revenues and margins, resulting in an adjusted consolidated operating income margin that will be essentially flat versus the year-ago third quarter").

The mobile network operator continued to expand its post-paid smartphone base, despite seeing nearly 900,000 fewer handset equipment upgrades than in the year-ago third quarter. This will result in 97,000 additional prepaid net adds in the quarter with a corresponding decline in connected device net adds.

AT&T, which is getting set to report third-quarter earnings on October 24, warned Wall Street its results took a significant hit from hurricanes and the natural disaster in Mexico.

Related Articles

  • Pictet Asset Management Ltd. Decreases Holdings in Wal-Mart Stores, Inc. (WMT)

    Inc. now owns 1,526 shares of the retailer's stock worth $115,000 after purchasing an additional 1,252 shares in the last quarter. Equities research analysts forecast that Wal-Mart Stores, Inc. will post $4.37 earnings per share for the current fiscal year.
    Fire set, employees injured during attempted prison escape in Elizabeth City

    Fire set, employees injured during attempted prison escape in Elizabeth City

    Six patients involved with the incident are being treated at the Sentara Albemarle Medical Center, a spokesperson told WTKR . Calls to Correction Enterprises and the Department of Public Safety Thursday weren't immediately returned.
    Google Assistant now can be used to shop at Target

    Google Assistant now can be used to shop at Target

    Shortly following the launch of Walmart, Google Express is now adding Target to its growing list of available stores. Target will offer two-day delivery, as well as free shipping for any orders over $35, Google says in a blog post .
  • Man attacked during Charlottesville rally turns himself in

    Man attacked during Charlottesville rally turns himself in

    Mr Harris's lawyer, S Lee Merritt, said his client did nothing wrong and authorities did not have probable cause to prosecute him. Steve Upman, a spokesman for police in Charlottesville, said Goodwin is charged with malicious wounding in the August 12 beating.
    South Korea Businessmen Protest Over Kaesong

    South Korea Businessmen Protest Over Kaesong

    Pyongyang conducted its fifth nuclear test on the anniversary of the founding day of North Korea a year ago . Mr Trump also mocked Kim Jong-un, calling the regime's leader "Rocket Man".
    Bengals' Tyler Eifert To Undergo Season-Ending Back Surgery

    Bengals' Tyler Eifert To Undergo Season-Ending Back Surgery

    Bengals TE Tyler Eifert will undergo season-ending back surgery, ESPN's Adam Schefter tweeted Wednesday night. When healthy, Eifert can be a solid receiver, especially inside the red zone.
  • Aussie Smith leads CIMB Classic

    Aussie Smith leads CIMB Classic

    Smith shot an error-free 64 with five birdies on front nine and three on back nine. "The putting was easy actually", Smith said. If Justin Thomas is going to win his third straight CIMB Classic, he's got some work to do.
    Traders Secrets on Axalta Coating Systems Ltd. (AXTA), Pepsico, Inc. (PEP)

    Traders Secrets on Axalta Coating Systems Ltd. (AXTA), Pepsico, Inc. (PEP)

    Also, it has an estimated price-earnings (P/E) multiple of 8.02 and a trailing 12-month price-earnings (P/E) multiple of 2.96. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry.
    After new autopsy discovery from police, Davido speaks on Tagbo's death

    After new autopsy discovery from police, Davido speaks on Tagbo's death

    Singer Davido says he has had "enough" of the allegations being levelled against him over the death of his friend Tagbo Umeike . Imohimi lamented the spate of youth involvement in drug abuse and urged the public to partner the police in curbing the trend.
  • Epic Pursues Cheating Players In Fortnite Battle Royale

    Epic Pursues Cheating Players In Fortnite Battle Royale

    They said that they have made a decision to respond to growing concerns about the similarities between the two games. The game also peaked at 525,000 concurrent players on Monday , with 3.7m active users on that day alone.
    Breaking down Yankees-Astros: How big an edge is Girardi?

    Breaking down Yankees-Astros: How big an edge is Girardi?

    Rounding out the Yankees rotation are Masahiro Tanaka (13-12, 4.74 ERA), Luis Severino (14-6, 2.98) and CC Sabathia (14-5, 3.69). Had Cleveland beaten the Yankees, the Indians would have had the home-field advantage from owning the best record in baseball.
    Italian dog owner wins sick pay for looking after pet

    Italian dog owner wins sick pay for looking after pet

    They cited an allowance for absences that can be categorized as "serious or family personal reasons", The Guardian writes. An Italian librarian has won the right to use her family sick pay to look after her dog who is recovering from cancer.