ATT Adds 232K IPTV Subscribers in 3Q08

ATT added 232,000 U-verse IPTV subscribers in 3Q08, ending with 781,000 subscribers. Its U-verse service now passes 14 million homes. There were reports that 100,000 of these IPTV subscribers are in Houston, where U-verse was introduced in November 2006.

ATT’s roll out of Total Home DVR service is under way and expected to be completed by the end of the year. Attach rates for broadband service continue to be high, at more than 85 percent. In October, ATT announced agreements with Circuit City and Wal-Mart to sell U-verse TV and U-verse High Speed Internet in more than 600 retail locations.

ATT is well on its way to meet its goal of 1 million U-verse IPTV subscribers by the end of 2008. Only the sad state of the U.S. economy might keep ATT from reaching its goal.