AT&T’s (T) much vaunted triple-play service has finally passed the 100,000-subscriber mark — not exactly a scorcher, but good enough to meet the low end of expectations set by the phone company for Wall Street. AT&T also said today that subscribers will soon get more HD channels, according to a press release. The company has a lot riding on its U-Verse (IPTV) effort. It’s also a big test for Microsoft (MSFT), the key technology provider whose ability to handle large-scale buildouts has been in doubt.
With 100,000 subscribers signed up so far, some analysts believe that the company is likely to post results from its IPTV division that will surprise to the upside — which could, in turn, boost its share price. UBS Research estimates that with still 25 days to go in the quarter, AT&T could end the latest three-month period with some 130,000 to 140,000 subscribers. The fourth quarter is expected to be equally impressive, putting UBS’ forecast for year-end U-Verse subscriptions to total around 250,000. Even with those numbers, however, AT&T’s U-Verse — which is a FTTN-DSL service — will lag Verizon’s (VZ) fiber-based FiOS TV offering.
If you happen to be a U-Verse subscriber, let us know what you like (or dislike) about the service.
Related: Our previous U-Verse coverage.