AT&T Boosts Dividend, Plans Buyback, Says TV Service to Be Available to 30M Customers by 2010
NEW YORK (AP) -- AT&T Inc. on Tuesday raised its dividend 12.7 percent, announced a share buyback and set a long-term target for its TV service, which is delivered over phone lines, saying it will be available to 30 million customers by 2010.
The TV announcement by chief executive Randall Stephenson reinforces AT&T's commitment to the service, known as U-verse. Recent news reports said the San Antonio-based company was in talks to acquire satellite TV broadcaster EchoStar Corp., which would have given the company a different route to reach customers.
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AT&T Boosts Dividend, Expanding TV Plans: Financial News - Yahoo! Finance
NEW YORK (AP) -- AT&T Inc. on Tuesday raised its dividend 12.7 percent, announced a share buyback and set a long-term target for its TV service, which is delivered over phone lines, saying it will be available to 30 million customers by 2010.
The TV announcement by chief executive Randall Stephenson reinforces AT&T's commitment to the service, known as U-verse. Recent news reports said the San Antonio-based company was in talks to acquire satellite TV broadcaster EchoStar Corp., which would have given the company a different route to reach customers.
Read more:
AT&T Boosts Dividend, Expanding TV Plans: Financial News - Yahoo! Finance