Key details for AT&T TV:
1) $40/month when bundled with AT&T wireless service
2) $50/month as standalone
3) 70+ channels including local affiliates
4) 500 hours of cloud DVR space
5) Self-serve installation
The big picture #1: This is a replacement for both DirecTV and U-Verse. HBO Max and AT&T TV are the future.
The big picture #2: This works with any internet connection allowing AT&T to offer pay-TV outside of their broadband footprint.
Video: Watch CNBC’s full interview with AT&T CEO Randall Stephenson