Tuesday, October 23, 2007

ATT Hits 126,000 IPTV Subscribers

ATT announced that it had 126 thousand U-verse IPTV subscribers at the end of September 2007, which is up from 51 thousand at the end of June. It had previously announced that it had 100 thousand subscribers in early September.

The company also stated that its weekly install rate was "approaching 10,000 at the end of 3Q07, up from 5,500 three months earlier". It stated that the service was available in 33 markets across the U.S.

ATT's U-verse service is clearly making progress, but it is not yet achieving the same rates as Verizon. At the same point in its history, Verizon had about 200 thousand IPTV subscribers.

ATT's installation rate in September appears to be about 7,000 to 7,500 per week. This is a nice increase over the quarter, but the company will have to accelerate its rate of increase to achieve the 10,000 rate that it has forecast for the end of the year.

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