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AT&T Details $830M Pandemic Earnings Hit for Second Quarter, Loses 886,000 Premium TV Subs

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

It detailed a roughly $830 million hit to quarterly earnings before interest, taxes, depreciation and amortization and a roughly $2.8 billion revenue impact after in the first quarter having mentioned a $433 million earnings and a $600 million revenue hit.

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