Otelco predicts 300-400 IPTV subs by year-end

US telco Otelco, based in the state of Alabama, has revealed that it expects to reach 300 to 400 customers for its IPTV service by the end of this year, based on penetration levels to date.

The company (which also serves the states of Maine, Massachusetts, Missouri and West Virginia) added that it expects its IPTV-capable network to pass more than 5,000 homes by the end of this year. Its expansion plans for next year include adding another 2,000 homes to its IPTV footprint, reaching a total of 7,500 homes by the end of 2010.

The company already offers cable TV services to its customers, and reports that combined revenue from its pay-TV services reached US$ 614,000 for the third quarter of this year, up 2.2% year-on-year.