AT&T has been sued by Herring Networks for $100 million, with the indie programmer alleging the DirecTV operator reneged on promises to carry its networks in exchange for supporting its purchase of of the satellite TV company last year.
DirecTV has restored service after a two-hour outage knocked both HD and SD channels offline across the nation Tuesday.
More than 2 million customers have signed up for the unlimited data plan AT&T launched less than two months ago, CFO John Stephens said this morning.
The new CEO of AT&T's entertainment business said that the carrier is working to combine the sale of content and video services alongside its wireless offerings, just like the carrier and its rivals have done in year's past on the wired Internet side of the telecommunications market.
Speaking to investors a day after his company announced new game-changing IP-only products for its DirecTV platform, AT&T Entertainment Group CEO John Stankey said his company is aiming to "get to a common middleware," able to use the leverage of its 26-million-strong customer base to economically "deliver content to all platforms."
AT&T became the last major pay-TV operator to tout — or test — a virtual video delivery system, announcing that three IP-only DirecTV tiers will debut later this year.
AT&T announced that it will leverage the DirecTV brand to launch an over-the-top video service "later this year," with no contract requirements and three main tiers of service.
AT&T finally announced the cross-platform video service it has hinted at for months, outlining a three-tiered offering for smartphones, tablets, PCs, web-enabled TVs and other connected devices.
The growing concern that the residential pay-TV installation business will soon be over-run by virtualized services just got reinforced in a big way, with AT&T announcing the introduction of three DirecTV streaming services.
While its investors are worried that AT&T's ongoing integration of DirecTV will impact truck rolls for contracted installers, José Ramón Mas, President and CEO of installer MasTec, said the merger should "grow the pie" for his company.