AT&T loses fewer premium video subscribers in second quarter

AT&T Inc said on Friday it lost fewer subscribers in its premium video business, which houses satellite TV unit DirecTV, in the second quarter.

The company said in a regulatory filing its premium video subscribers fell by 473,000 in the period, compared with a drop of 887,000 a year earlier.

Over the years, the satellite TV industry has lost subscribers to online streaming options such as Netflix Inc and Amazon.com Inc’s Prime Video.