John Stankey Coronavirus reports 2020 pandemic John Stankey Coronavirus

WarnerMedia Takes $960M Pandemic Earnings Hit, AT&T Loses 627,000 Video Subs

Telecom giant AT&T on Thursday reported its third-quarter results, the second set of financials and subscriber data fully affected by the novel coronavirus pandemic.

The company said its quarterly figures included a $1.72 billion hit to quarterly earnings tied to the coronavirus pandemic, as well as $190 million in incremental costs tied to the pandemic.

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