Suddenlink FYI

We expect dramatic cutbacks in U-verse CAPEX [capital expenditures] over the next two years. The service has pretty much been a bust. For AT&T, 3Q09 will probably “be identified as the quarter in which the U-verse star started to fade.”

AT&T’s U-verse will not be “getting in stride” or “picking up steam.” There are indications that point to significant pullback on CAPEX for the service in 2010 and 2011. The reason why these are not “hyper growth” times for U-verse is that the main technology used was doomed from the start.