Well, I admit that AT&T TV -- at least in its initial incarnation in the pilot markets -- does not look like I had predicted. It's essentially just the same channel packages as DirecTV satellite has, with the same 2-year contract and the same first-year promo prices and the same second-year standard prices. Fees around additional TVs and equipment are a little different and there are trade-offs either way you go. As currently offered, AT&T TV isn't a *bad* deal (especially if bundled with AT&T Internet) but it's not a great deal either. Kinda "meh".
Given everything that AT&T's CEO has stated about the service -- about how it will cost less than satellite due to the lower customer acquisition costs, about how AT&T is working to thin out their content costs and drive down the cost curve, etc. -- I'm still skeptical that what we're seeing right now in the pilot markets is what AT&T TV will look like when it goes nationwide (with some major advertising) by the end of this year. I've already read a couple articles that quote AT&T folks saying that they're going to get feedback from consumers in the pilot market and use that to fine-tune the service before it rolls out nationwide.
I still think that the end-goal for AT&T TV is to offer a new package line-up consisting of Select, Plus, and Max, with HBO Max non-optionally included. It just doesn't make any sense that they created those new Plus and Max packages (with HBO non-optionally included) for DirecTV Now this past spring -- and then ALSO started selling them on DirecTV satellite -- unless they have much bigger plans for those packages. My guess is that they just haven't finished negotiating the carriage contracts with some of the network owners (e.g. Discovery, AMC, PBS, etc.) in order to finish building out the new packages and begin selling them across all of their platforms as the standard default line-up.
The biggest surprise to me, honestly, is that AT&T TV is requiring a 2-year up-front contract. No one outside of satellite does that. Uverse TV only had a 1-year contract. Comcast TV never *requires* a contract, although they often offer a discount if you sign either a 1-yr or 2-yr contract. I predicted that AT&T TV probably wouldn't have a contract but if it did would be a max of 1 year. Hard for me to see how they succeed by insisting on a 2-year contract, especially with no major up-front sweeteners like a free Visa gift card or free NFL ST.