San Antonio, TX (PRWEB) July 27, 2006
AT&T Inc. (NYSE: T) and WealthTV today announced a distribution agreement to deliver WealthTV’s linear, high-definition, standard video-on-demand, and high-definition video-on-demand programming as part of the AT&T U-verse TVSM channel lineup.
"We are pleased to announce content agreements with today’s most popular television networks and content providers, designed to deliver a truly revolutionary entertainment experience -- centered around the consumer," said Denita Willoughby, vice president of programming, AT&T Operations, Inc. "AT&T is delivering a robust and compelling television service, which will include the quality programming from WealthTV."
“Our networks are in sync with AT&T U-verse TV to provide an advanced and personalized entertainment experience,” said Charles Herring, WealthTV president and co-founder. "We are excited to be part of the AT&T U-verse experience and to further diversify our customer footprint by delivering programming to U-verse customers.”
AT&T U-verse TV is delivered by Project Lightspeed, the company’s initiative to expand the fiber-optics network deeper into neighborhoods to deliver U-verse TV, AT&T Yahoo!® High Speed Internet U-verse Enabled and, in the future, Voice over IP services. Through its subsidiaries, AT&T expects to reach nearly 19 million households by the end of 2008 as part of its initial deployment, using fiber-to-the-node (FTTN) and fiber-to-the-premises (FTTP) technologies.
Financial and other terms of the agreement were not disclosed.
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AT&T Inc. is one of the world's largest telecommunications holding companies and is the largest in the United States. Operating globally under the AT&T brand, AT&T companies are recognized as the leading worldwide providers of IP-based communications services to business and as leading U.S. providers of high speed DSL Internet, local and long distance voice, and directory publishing and advertising services. AT&T Inc. holds a 60 percent ownership interest in Cingular Wireless, which is the No. 1 U.S. wireless services provider with 57.3 million wireless customers. Additional information about AT&T Inc. and AT&T products and services is available at http://www.att.com.
WealthTV is the premier luxury lifestyle, entertainment and informational network--the destination for exclusive and original programming. Televised 24 hours a day, 7 days a week, WealthTV supplies viewers with informative shows that provide invaluable insight on what every American dreams of. WealthTV shows its viewers the best that life has to offer. The network fills a television vacuum by delivering intellectually stimulating, thought-provoking entertainment and always-unbiased news from an insider’s perspective. For more information, please visit http://www.wealthtv.net.
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