Verizon, SBC Have Major Plans to Offer TV Service Over Phone System

Alarmed by cable-TV operators offering cut-rate phone service, companies such as SBC and Verizon are allocating billions of dollars over the next few years to provide robust TV service over the phone system.

SBC is planning to spend $6 billion by 2008 in upgrading its network for extensive video offerings….Verizon is launching an even more ambitious plan using fiber lines all the way to the customers’ homes. Verizon is expected to spend $2.5 billion by 2006 to reach 3 million households.

Related:

Verizon To Launch Content Service Next Year

More on Verizon’s Content Plans

Comments have been disabled for this post