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AT&T's CEO Says There's a Lot More Cord-Cutting Coming

AT&T's CEO Says There's a Lot More Cord-Cutting Coming

AT&T (NYSE: T) counts 17.8 million pay-TV subscribers as of the end of the third quarter. While the company showed progress in stemming the losses, down just 627,000 last quarter, CEO John Stankey thinks there are a lot more losses coming. During the company's third-quarter earnings call, he opined cord-cutting won't really stop until we get to between 55 million and 60 million subscribers.