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This excerpt taken from the DTV 10-Q filed Nov 4, 2005. Hurricane Katrina In August 2005, Hurricane Katrina devastated certain portions of the Gulf Coast region of the United States. During the third quarter of 2005, DIRECTV U.S. recorded $14.3 million in charges mostly related to an anticipated increase in bad debt expense and a reduction in revenues for estimated subscriber service credits resulting from the hurricane. |
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