Monday, March 13, 2006

Verizon: Battling For The Eyes Of Texas



Via BusinessWeek Online.

If you're wondering why your cable and satellite stocks are slumping or why AT&T Chief Executive Edward E. Whitacre Jr. is paying a fat premium for BellSouth Corp., take a spin through Keller, Tex. Little more than scruffy prairie two decades ago, this booming suburb of 34,000 near Fort Worth and Dallas is the staging ground for what promises to be the next great media battle among providers of TV, broadband, and phone services.

Up and down Keller's Coyote Court, Mesa Trail, and Indian Blanket Drive, phone giant Verizon Communications Inc. is signing up slews of customers -- for a new TV service.

More here.

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