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 LOS ANGELES (AP) - DirecTV Group Inc., the nation's largest satellite TV provider, returned to a profit in the fourth quarter as modest subscriber growth helped lift revenue.
The company, based in El Segundo, also said it continued efforts to offer high-speed Internet service to customers, including the possibility of working with rival satellite provider Echostar Communications Inc. on a wireless broadband offering.
DirecTV, which is controlled by Rupert Murdoch's News Corp., reported net income of $121.2 million, or 9 cents per share, in the quarter ended Dec. 31, compared with a loss in the year-ago period of $288.5 million, or 21 cents per share. Revenue increased 7 percent to $3.6 billion from $3.36 billion.
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