AT&T takes $15.5 billion charge on DirecTV, adds more phone customers

By Sheila Dang, Eva Mathews (Reuters) – AT&T Inc said on Wednesday it wrote down its premium TV business, which includes satellite television unit DirecTV, by $15.5 billion, reflecting the impact of years of cord-cutting in the industry as viewers move to cheaper online streaming services. FILE PHOTO: The company logo for AT&T is displayed … Read more