Condominium residents that live in Austin, Texas' 2nd Street District, the city's newest shopping and cultural center, will enhance their living experience further as AT&T (NYSE: T) brings its U-verse TV and data services to more than 150 condominium units within W Austin Hotel Residences.
While the RBOC continues to expand its single family home U-verse footprint, this latest agreement with CJUF II Stratus Block 21 LLC is yet another large-scale deployment conducted through AT&T's Connected Communities program, a marketing initiative between AT&T and regional builders and property owners to provide telecom services to residents and homebuyers.
"Through the AT&T Connected Communities deal, we're adding even more value to these properties for the owners, and we're really setting a precedent for technological progress in the area," said Beau Armstrong, chief executive officer of Stratus Properties, the project developer in a release.
The latest deal with Austin is one of many new Connected Communities projects AT&T has won recently. In addition to Austin, AT&T crafted similar deals with the University of California and Dunwoody, Ga.
While AT&T continues to see obvious declines in traditional landline voice and DSL subscribership, it is seeing continued growth with its U-verse IPTV and VDSL2-based broadband services with the addition of 209,000 new U-Verse TV subscribers during the second quarter.
- see the release here
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