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AT&T (NYSE: T) faces some major business problems. Cord-cutting has hit the company especially hard, and its DirecTV division has been losing customers at an alarming rate.
Despite that, the company's problems are essentially a paper cut compared to the multiple grievous wounds inflicted upon Frontier Communications (NASDAQ: FTR). AT&T has issues to solve, but Frontier has to figure out how to survive -- a battle it's not likely to win.
Both Frontier and AT&T are losing cable customers. Image source: Getty Images.