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EL SEGUNDO, Calif. — The DirecTV Group Inc., the nation’s largest satellite-TV provider, on Tuesday reported a 5 percent decline in net income for the fourth quarter, even as revenue soared, because of higher customer-acquisition costs and interest expenses.
In the fourth quarter, DirecTV earned $332 million, or 32 cents per share, a penny shy of the average forecast on a comparable basis by analysts polled by Thomson Reuters. A year ago, the company earned $348 million, or 30 cents a share. Revenue rose by 9 percent to $5.31 billion.
