Like wireless, this simply seems like a poor business long-term. And unlike cable operators like Comcast Corporation (NASDAQ: CMCSA ) and Charter Communications, Inc. (NASDAQ: CHTR ), neither AT&T nor DIRECTV has dominant market share in Internet service that should provide some benefit from the cord-cutting trend. Instead, the company is going to see a long-term decline in profits from its Entertainment Group that has already started in the first half of 2017.