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AT&T loses another 600,000 TV customers as it seeks buyer for DirecTV
https://arstechnica.com/information-technology/2020/10/att-loses-another-600000-tv-customers-as-it-seeks-buyer-for-directv/ [arstechnica.com]
AT&T lost 627,000 TV customers in Q3 2020, an improvement over previous quarters as the company continues its attempt to sell its failing DirecTV division.
In earnings results [att.com] reported today, AT&T said it lost 590,000 "Premium TV" customers, a category that includes DirecTV satellite, U-verse wireline TV, and the online service known as AT&T TV. AT&T also lost 37,000 customers from AT&T TV Now, the streaming service formerly known as DirecTV Now.
Your reasoning is excellent -- it's only your basic assumptions that are wrong.
