Rich Fiscus
6 Nov 2007 14:11
AT&T has lowered their forecast for the number of homes that will have their U-verse IPTV service available by the end of 2008 to 17 million. This is down from an estimate of 19 million made as recently as May.
The success of U-verse may be key to the long term survival of the telecommunications company. Competition from cable companies for traditional voice customers has forced them to look for a replacement revenue stream, but so far establishing the service hasn't gone as smoothly as planned.
Just last month they suffered a setback when they were unable to obtain a statewide franchise in Connecticut to bypass local government demands for franchise agreements. This followed a July Federal Court ruling that U-verse is subject to cable television regulations.
Source: Associated Press