It's the beginning of the end of satellite TV in the US [telecom]

By Ashley Rodriguez

"We've launched our last satellite," John Donovan, CEO of AT&T Communications, said in a meeting with analysts on Nov. 29.

The AT&T executive effectively declared the end of the satellite-TV era with that statement. AT&T owns DirecTV, the US's largest satellite company - and second largest TV provider overall, behind Comcast.

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