AT&T U-verse to challenge Comcast in Mississippi town

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Comcast (Nasdaq: CMCSA) will face new competition from AT&T's (NYSE: T) U-verse TV in Hattiesburg, Miss., after the city council approved a cable franchise for the telco on Tuesday.

While Verizon has halted new construction for its FiOS TV service, AT&T said it plans to expand its U-verse footprint. The company didn't say when it plans to begin selling U-verse TV and Internet in Hattiesburg.

AT&T gained 232,000 U-verse TV and a record 731,000 U-verse Internet subscribers in the first quarter. It's scheduled to release second-quarter earnings on July 23.

For more:
- WDAM-TV has this story

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