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 LOS ANGELES (AP) - DirecTV Group Inc., the nation's largest satellite TV operator, said Wednesday its first-quarter profit rose 43 percent from a year ago as more subscribers signed on for high-profit offerings and fewer canceled their service.
Still, shares slipped as the earnings missed Wall Street expectations and analysts expressed concerns about increased competition from telecommunications companies such as Verizon Communications Inc.
Net income climbed to $336.4 million, or 27 cents per share, in the three months ended March 31 from $235.2 million, or 17 cents per share, a year ago.
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