AT&T, Verizon take upper hand in video service race

Video services may once have been cable's cash cow for decades, but according to a new Leichtman Research Group report it's clear that AT&T (NYSE: T) and Verizon (NYSE: VZ) are gaining ground in the TV services race. This trend was on display in the second quarter earnings season. AT&T and Verizon added 373,000 net new U-verse and FiOS TV subscribers combined in the second quarter, while the top nine cable operators lost 555,000 subscribers during the period. Read more

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