AT&T sets DirecTV and U-Verse price hikes
FOX Business' Charles Gasparino discusses AT&T’s being approached for a DirecTV spinoff deal.
AT&T is raising prices on its DirecTV and U-verse services.
Beginning January 19, 2020, some customers of those outlets will see their monthly packages rise by $1 to $8 a month depending on the tier, according to Deadline.
New customers will see those hikes go into effect once their promotional rates expire.
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The company started to let customers know on Monday through messages on their website.
The price increase is being blamed on higher programming costs.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| T | AT&T INC. | 22.86 | +0.13 | +0.56% |
Its not the first move AT&T has made in regards to pricing as a significant jump was announced in the fall for the AT&T TV Now streaming bundle offering.
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AT&T lost 1.2 million premium TV subscribers in the third quarter.