Thursday, June 30, 2005

Lawmakers move to help telcos offer video

Via Reuters.

U.S. House and Senate lawmakers on Thursday unveiled two measures designed to make it easier for telephone companies to launch video service to compete with cable and satellite services.

The measures would eliminate the need for companies like Verizon Communications and SBC Communications Inc. to seek authority from towns and cities to offer their video services, a process they have called cumbersome.


Cable operators and telephone companies have been encroaching on each others' turf, battling to offer consumers a suite of communications and entertainment services. Such packages are often lucrative to the providers' bottom line.

But SBC and Verizon, which are spending billions of dollars to launch their video services, have said their efforts to compete against cable operators are being slowed by having to get approval from every municipality.

0 Comments:

Post a Comment

<< Home