Verizon and AT&T Turn Away From Washington
A Bloomberg News article by Mary Peterson, via The International Herald Tribune, reports that:
Verizon Communications and AT&T have not fared well here in the U.S. capital in their bid to expand their television businesses. They are doing a lot better in New Jersey and Kansas.More here.
The phone companies are backing off a two-year push to get Congress to help them win a bigger part of the $68 billion cable TV market. Instead, they are shifting their focus to state capitals. Nine state legislatures have already approved TV-licensing laws.
New Jersey is their latest victory: The Board of Public Utilities approved Verizon's application Friday, and the company said it would begin selling TV service in about 100 communities within two weeks.
posted by Fergie @ 12/17/2006 04:04:00 PM
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