What is the line where we drop below the "break even" point in terms of numbers customers and the ability to fund the basic operation of this company?
To the best I can discern from industry reports, we have somewhere between 11 million and 14 million customers. Of that number, we have roughly 1.5 million Directv Stream accounts and 2.5 million legacy AT&T U-Verse accounts of people stuck in multi-dwelling units under exclusive provider contracts.
Subtracting those outliers, that leaves roughly 7 to 10 million accounts on the legacy Sat side. Of that , approximately 2 million retain our services solely due to NFL Sunday Ticket. Once that bird flies the nest come January, we drop another 2 million?
Don't overlook the continued bleeding loss of 420,000 to 450,00 customers every quarter, a loss rate that has been pretty steady for at least the past 9 quarters.
Which brings me back to my original question - at what number of customers do we hit where the costs equals revenue barrier and how soon thereafter do we become a negative revenue enterprise?