If AT&T has anything to do with it, Verizon Communications soon will not be the only U.S. telco TV player with more than 1 million customers. AT&T said in its second quarter earnings report yesterday that it added 170,000 U-verse TV subscribers during the quarter, and that it still expects to surpass 1 million customers for the IPTV offering by the end of this year. The telco giant ended the second quarter with about 549,000 subscribers.
The company's U-verse service is available to 11 million households in about 53 markets. AT&T officials said the TV service has achieved 10 percent penetration in a handful of markets, and they also made the case that access line loss is not as severe in those markets as it is in other. Still, AT&T's landlines are down about 8 percent since the second quarter of 2007.
- see this coverage at Multichannel News