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DirecTV Inc. could lose impatient subscribers to cable or Dish Network after the satellite provider's latest delay rolling out new high-definition digital recording devices, a Wall Street analyst said last week.
Sanford C. Bernstein & Co. analyst Craig Moffett said DirecTV's churn rates could rise because of yet another postponement of state-of-the-art dual-tuner HD DVRs.
"There is obviously a limit to how long customers -- who, after all, have just spent large amounts of money on a flat panel HDTV -- will be willing to wait for an upgrade from DirecTV before they simply...