Tuesday, July 24, 2007

ATT IPTV Had Good Quarter

ATT added 38 thousand U-verse IPTV subscribers in 2Q07, growing from 13 thousand to 51 thousand subscribers. ATT found that IPTV is generating good ARPUs. It stated that 80 percent of the U-verse subscribers are taking premium packages and 60 percent are taking the highest speed offered.

ATT also stated that it expects to add subscribers at a rate of 10 thousand per week by the end of 2007. This is up from a rate of 3,000 per week in 2Q07. If ATT maintains its 2Q07 rate it will have about 125 thousand IPTV subscribers at the end of 2007. If it achieves its goal of 10 thousand new subscribers by the end of the week, it could double this and end up with about 250 thousand IPTV subscribers at the end of the year.

It is good to see that ATT is maintaining its subscriber growth. This has made me comfortable enough to increase my forecast for ATT for the report I am working on right now.

(Now if it would only bring VDSL to my home, I might even become a believer:-)

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