I hope they do. I've seen the "new" AT&T make many stupid moves, and this could be a whopper.
There is an inherent efficiency in delivering a single channel to cover hundreds of millions, over delivering a single channel a million times to a million customers. Internet costs and caps will be with us for many, many years. Those costs are to double, by some reports.
I can subscribe to Dish, or to CBS, X, Y and Z and flip around constantly. That side hasn't settled down yet. Dish Sling and DTV OTT approaches are better.