Ovum, a telecommunications research company, reports that digital TV connections will boom from 62 million in 2001 to 350 million in 2006. Revenues from all those new connections, says Ovum, will be worth upwards of $100 billion. The study shows $45 billion from t-commerce and $60 billion from gaming, education and information.
One of the first signs of the AOL/Time Warner merger may be more broadband at cheaper prices. Within three years, consumers could be watching CNN and full-length movies through their AOL portals on their PCs. AOL is expected to make upgrading Time Warner's cable system a top priority, making music, movies and other features faster and more accessible to Time Warner's 20 million subscribers.
Sometimes choice is a difficult thing. AT&T is still struggling with which approach it should take to fulfill FCC requirements on cable ownership, even though the deadline to decide is tomorrow. Rumors are circulating wildly between either spinning off Liberty Media, the programming arm of AT&T that's headed by John Malone, or selling off AT&T's 25 percent stake in Time Warner.
In a month of company-issued earnings warnings and analyst downgrades, Corning has some positive news. The company says it is not only on target for 4Q earnings, but is going to hit the high side of estimates. Good news for Corning investors. Corning president John Loose says he expects revenue to be up nearly 30 percent, to approximately $9.
Digital set-tops are poised for phenomenal growth. According to Allied Business Intelligence, the number of installed boxes will grow to 339 million by 2005. Yesterday, CED reported on the major growth of modems. Digital set-top growth can be attributed to the popularity of digital cable service. By 2005, the cable platform will account for 40 percent of the total worldwide installed based of d...
It could be another blow to the PC world. Scotiabank and Rogers Cable will offer Canadian subscribers an online banking method that doesn't require a PC. Subs have banking and brokerage information as well as Internet, e-mail and online shopping access through their TVs. A wireless keyboard lets Scotiabank customers flip between watching TV and surfing to reconciling statements and more via a c...
This is a merger they really want, and they got it. FTC approval was given Thursday to the mega-merger between AOL and Time Warner (TW) after the two companies committed to opening their cable systems across the nation to their Internet competitors. This last move apparently satisfied Federal Trade Commission regulators that the deal is good for competition.
Pace is releasing its fastest ever ONdigital set-top box to viewers in the U.K. Now subscribers can zip from on-screen menus and programming to channel changing and email faster than before. The set-top also extends the marginal coverage area and makes reception more robust for ONdigital's digital terrestrial TV services, according to Pace.
Just a few weeks after Corning announced it was boosting its optical fiber production, the company is sinking $150 million into expanding production facilities in its Benton Park Plant in Benton Township, Pa., which will add approximately 2,000 jobs to the area. The plant there manufactures erbium-doped amplifier modules and dispersion compensation modules, which Corning wants to increase produ...
DOCSIS certified cable modems are shipping like crazy, up 67 percent in the second half of 2000. According to Cable Datacom News, more than 2 million units shipped in 3Q. Motorola has shipped the most — 540,000 in North America and 310,00 internationally. However, Cahners In-Stat group predicts that the cable modem growth will continue but slow a bit in 4Q 2000.
Cable and Wireless and Nortel plan to unleash next-generation IP services in 80 countries over the next year. Nortel will supply Cable and Wireless with IP virtual private networks (VPN) management and infrastructure products, including personalized firewalls and customized extranets. Demand for IP VPN products and services will rise sharply, possibly as much as 606 percent, say research studie...
OpenTV has launched a new service that transfers Internet content to cable and satellite TV subs. OpenTV Publisher takes popular (sorry, you not-so-popular sites) Internet content and presents it on television. The content looks made-for-TV, rather than just the plastering of Web pages on a TV screen.
Chinese broadband network penetration continues to grow. Century Vision Network has inked a deal with three new joint ventures to further introduce China to broadband cable services. The three new ventures in the Shaanxi, Zhejiang and Jiangxi provinces bring Century Vision Networks' projects to a total of five, as well as adding another 10 million subscribers.
Stellar One has incorporated Tvia's CyberPro 5055 processor into the Stellar ConnectTV3000 broadband set-top box so users can see TV shows and Internet content displayed on their standard TV sets. ConnectTV is the link between the TV set and the network that delivers services like VOD, e-mail, video mail, i-gaming, PVR and karaoke.
For those who really want to sit on the couch to surf the 'Net, Zenith's new 27-inch TV with a built-in Internet dial-up connection is for you. For just 600 bucks, you can connect to the Web while not missing a frame of your favorite programs. Users will be able to take advantage of e-mail and online shopping too.