Today AT&T reported their 2nd quarter 2018 numbers and once again saw strong growth with their DIRECTV NOW streaming service. According to AT&T DIRECTV NOW added 342,000 subscribers and now was more than 1.8 million subscriber.
Overall AT&T gained 80,000 linear video subscribers as AT&T U-verse TV and DIRECTV lost about 600,000 subscribers in the second quarter of 2018. AT&T did add 76,000 internet customers with more than 9 million customer locations passed with fiber.
This was the first time AT&T reported numbers after buying Time Warner. According to the report, HBO and Turner saw year over year subscription revenue growth from services like HBO NOW. AT&T also reported they have a record number of series in production at Warner Bros and have received 166 Primetime Emmy Award nomination.
Look at the whole company AT&T’s consolidated revenues for the second quarter totaled $39.0 billion. This was down slightly from $39.8 billion in 2017. AT&T did see a drop in operating expenses from $33.3 billion in 2017 to $32.5 billion in 2018.
DIRECTV NOW is now firmly the second largest live TV streaming service in the United States behind Sling TV. We are still waiting for Sling TV’s second quarter 2018 numbers to see how they faired but last we heard they had well over 2 million active subscribers at the end of the first quarter 2018.
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