Wall Street sell-side analysts seemed to be unsurprised by AT&T’s decision to pick DirecTV as its video marketing partner for its version of the ‘triple play’ package, in regions where it hasn’t built out its U-verse digital service.
You can think what you like about the management of DISH Network Corp, the second largest U.S. satellite TV operator, but they’re nothing if not refreshingly frank about the economy, the state of the market and their competitors’ tactics.
The company’s earnings report should cast some more light on what’s happening in the media world — both in the United States and abroad. This is, after all, a media company with enormous reach and one whose shares have been hammered this year on worries about a slowdown.
So who’s winning the pay-TV so far this year? With days to go until two of the biggest cable operators (Time Warner Cable on Wednesday and Comcast on Thursday) report first quarter financial results, Reuters canvassed eight Wall Street analysts for their estimates of subscriber net additions during the period.