AT&T's U-verse to DirecTV migration drives Arris' Q4 revenue decline

As AT&T (NYSE: T) looks to migrate its existing and emerging video base off its IP-based U-verse platform onto DirecTV, it is having a direct impact on suppliers like Arris, which reported that its fourth quarter 2015 revenue declined 12.7 percent to $1.1 billion.

The vendor's earnings drop comes as AT&T U-verse lost 240,000 video customers in the fourth quarter.

FierceCable has this report.