#AT&T takes .5B charge on struggling DirecTV business

#AT&T takes $15.5B charge on struggling DirecTV business

“#AT&T takes $15.5B charge on struggling DirecTV business” AT&T logged a hefty $15.5 billion charge on its flailing DirecTV unit, which has been pummeled by cord-cutting even as the company’s new streaming service HBO Max continues to grow. The telecom giant said Wednesday that the writedown spurred a fourth-quarter loss as the firm signaled it…

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