How AT&T’s New HBO Max Subscriber Outlook Compares

1 min read

When AT&T (NYSE: T) introduced HBO Max in October of 2019, it estimated it would have 50 million domestic subscribers and another 25 million to 40 million international subscribers by 2025. It now sees an opportunity for as many as 150 million global subscribers by that year.

But there are some key details investors shouldn’t overlook in those numbers that make them less impressive. What’s more, there’s still reason to doubt AT&T can actually reach its long-term goal.

Image source: WarnerMedia.

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