(Reuters) - While some analysts were relieved DirecTV was still able to add customers in the face of tough competition from cable companies, which are selling broadband and telephone services as well as video services, the cost of attracting and keeping those subscribers were greater than expected.
"There's no question that the road ahead is getting tougher for the satellite companies," said Sanford C. Bernstein analyst Craig Moffett who noted that while the company managed to keep customer cancellations in check it added fewer subscribers in the first quarter this year than it had a year ago.
Read more at Reuters.com Hot Stocks News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment