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AT&T sees surge in U-verse sales

Written by James Delahunty (Google+) @ 28 Mar 2007 15:53

AT&T sees surge in U-verse sales AT&T Inc. claims to have sold its U-verse Internet-based video service to 10,000 customers, saying sales dramatically increased in the past several weeks. Ralph de la Vega, group president of AT&T's regional wireline operations, revealed the data at at a Bank of America conference in New York on Wednesday.
There has been concerns about the expansion of U-verse, a video service delivered over high-speed fiber-optic cables, after it failed to launch in a targeted 15 U.S. markets, reaching 11 instead. AT&T is selling the service as an alternative to offers from cable companies.

"In terms of U-verse, I am really pleased with what I've seen in the last few weeks," he said. "Our sales have dramatically increased over the last several weeks." The company is aiming to make the service available for 8 million people by the end of the year, but has not revealed any targets for subscribers.

Source:
Reuters

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