It’s the beginning of the end of satellite TV in the US
“We’ve launched our last satellite,” John Donovan, CEO of AT&T Communications, said in a meeting with analysts on Nov. 29. The AT&T executive effectively declared the end of the satellite-TV era with that statement. AT&T owns DirecTV, the US’s largest satellite company—and second largest TV provider overall, behind Comcast. DirecTV will continue offering satellite-TV service—it had nearly 20 million satellite video subscribers as of September, per company filings.