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AT&T considering cutting its spending on U-Verse?


AT&T could be ready to join Verizon in pulling back spending on its TV business, as the Wall Street Journal reports CEO Randall Stephenson said the company would have to "re-evaluate whether we put shovels in the ground" in the face of new regulation on broadband internet providers. Current targets see U-Verse increasing its service area from the current 24 million homes to 30 million in 2011, but that's now at risk. Beyond just digging ditches and installing new boxes to bring services to different neighborhoods we'd like to see further expansion on features (Xbox 360, c'mon AT&T, especially with the new model) while some have complained about still being restricted to only one HD channel at a time in some areas and of course, there's value in competition for local cable providers.

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