U-verse to pass 30 million homes by 2010

After announcing a $15 billion share re-purchase program and an increase in its stock dividend, AT&T also announced during AT&T Analyst Day yesterday its U-verse fiber-to-the-node network will pass 30 million homes by 2010. The company also is promising 40,000 U-verse installations per week by the end of 2008.

Previously, the carrier would go no further than forecast service to 17 million homes by the end of 2008, a forecast that actually had been revised downward from 19 million. With the cable TV industry reeling from regulatory squabbles and the initial impact of competition, AT&T looks ready to go further out on an increasingly-sturdy looking IPTV limb.

For more:
- see this report in Light Reading

Related articles:
- AT&T notched 100,000 customers for U-verse in early September

Suggested Articles

Telco Systems announced that it has achieved a performance milestone in the development of a full Open vSwitch data path hardware offload solution.

GBI is using Nuage Networks' SD-WAN technologies to connect branch locations to both public and private clouds in the Middle East and Africa.

For the first time, Huawei has put some numbers behind the impact that the U.S. ban is having on its bottom line.