Thursday, January 05, 2006

Verizon already making progress in internet TV

Verizon Communications is expanding its television service to more states and has signed up 20% of the market in the first community where it offered the service, Chief Executive Ivan Seidenberg announced today at CES.

They apparently have 20% of the market in Keller, Texas, in just three months since operating there. Keller may not be New York or London, but they have set a fascinating presedent.

And as Verizon rolls out fibre optic to the next 3 million homes, they have already wired their first 3 million, these signs of early success will be vital to them. They have after all invested a massive amount in internet TV, so it better pay off, or the investors will get impatient.

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