TELECOM Digest OnLine - Sorted: Verizon, SBC Find TV Venture a Tough Go


Verizon, SBC Find TV Venture a Tough Go


Monty Solomon (monty@roscom.com)
Wed, 1 Jun 2005 21:15:33 -0400

By DAVID KOENIG AP Business Writer

DALLAS (AP) -- Verizon and SBC believe they can break cable's powerful
grip and get consumers to switch to the enhanced TV services they're
cooking up, but they are having a tough time getting state legislators
to help.

The two telecommunications powers lost a key battle over the weekend
when Texas lawmakers failed to act on a bill that would have let phone
companies obtain a statewide TV franchise instead of having to
negotiate franchises with every individual city and town.

Verizon Communications Inc. and SBC Communications Inc. had hoped
Texas would serve as a model for the nation, speeding their ability to
sell TV service in many other states. Instead, it joined Virginia in
frustrating the regional Bell companies.

- http://finance.lycos.com/home/news/story.asp?story=49534734

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