AT&T Inc.’s quarterly revenue declined as growth in the company’s streaming video service wasn’t enough to offset losses of more profitable wireless and satellite accounts. The company’s streaming DirecTV Now service added 312,000 subscribers to reach nearly 1.5 million in the first quarter. The new additions more than covered the 188,000 satellite-TV customers it lost, though the shift to the low-price online service has pressured the Dallas company’s results.

Source: Wall Street Journal April 25, 2018 22:00 UTC