Around the Net

DirecTV CFO: Telco Video Growth Slows

  • Dow Jones, Thursday, September 10, 2009 10:24 PM

The initial high rate of new video customers for TV services offered by Verizon and AT&T is starting to flatten, says DirecTV CFO Patrick Doyle. After an early spike in the months after the services launched, there has been a stabilizing of net new subscriber additions, Doyle told analysts Thursday.

Verizon Communications sells its television service through FiOS, while AT&T offers its service via U-Verse. Both companies partner with DirecTV to provide the services. Doyle says despite the slowdown, the telecommunications providers continue to line up well in competition against the cable providers.

On another front, DirecTV has been working harder at finding long-term customers, says Doyle. The company uses credit checks to ensure it is keeping out customers unwilling to pay for the service once the promotional periods end. Likewise, it is attracting higher-end customers with more advanced services, which Doyle says makes these customers "stickier."

advertisement

advertisement

Read the whole story at Dow Jones »

Next story loading loading..